RenetJapanGroupInc Balance Sheet Health
Financial Health criteria checks 2/6
RenetJapanGroupInc has a total shareholder equity of ¥1.6B and total debt of ¥8.0B, which brings its debt-to-equity ratio to 487.1%. Its total assets and total liabilities are ¥14.0B and ¥12.3B respectively.
Key information
487.1%
Debt to equity ratio
JP¥8.03b
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.31b |
Equity | JP¥1.65b |
Total liabilities | JP¥12.34b |
Total assets | JP¥13.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3556's short term assets (¥10.0B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 3556's short term assets (¥10.0B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 3556's net debt to equity ratio (407.5%) is considered high.
Reducing Debt: 3556's debt to equity ratio has increased from 322.5% to 487.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 3556 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3556 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.