RenetJapanGroupInc Balance Sheet Health
Financial Health criteria checks 4/6
RenetJapanGroupInc has a total shareholder equity of ¥390.0M and total debt of ¥8.7B, which brings its debt-to-equity ratio to 2241.5%. Its total assets and total liabilities are ¥14.9B and ¥14.5B respectively.
Key information
2,241.5%
Debt to equity ratio
JP¥8.74b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥2.00b |
| Equity | JP¥390.00m |
| Total liabilities | JP¥14.52b |
| Total assets | JP¥14.91b |
Financial Position Analysis
Short Term Liabilities: 3556's short term assets (¥9.5B) exceed its short term liabilities (¥8.4B).
Long Term Liabilities: 3556's short term assets (¥9.5B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 3556's net debt to equity ratio (1729.7%) is considered high.
Reducing Debt: 3556's debt to equity ratio has increased from 158.4% to 2241.5% 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: 3556 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3556 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 24.7% each year