RS Technologies Balance Sheet Health
Financial Health criteria checks 6/6
RS Technologies has a total shareholder equity of ¥121.0B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥142.4B and ¥21.4B respectively. RS Technologies's EBIT is ¥11.5B making its interest coverage ratio -7.6. It has cash and short-term investments of ¥71.8B.
Key information
4.6%
Debt to equity ratio
JP¥5.51b
Debt
Interest coverage ratio | -7.6x |
Cash | JP¥71.79b |
Equity | JP¥121.04b |
Total liabilities | JP¥21.38b |
Total assets | JP¥142.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3445's short term assets (¥96.7B) exceed its short term liabilities (¥14.6B).
Long Term Liabilities: 3445's short term assets (¥96.7B) exceed its long term liabilities (¥6.7B).
Debt to Equity History and Analysis
Debt Level: 3445 has more cash than its total debt.
Reducing Debt: 3445's debt to equity ratio has reduced from 13.1% to 4.6% over the past 5 years.
Debt Coverage: 3445's debt is well covered by operating cash flow (251.4%).
Interest Coverage: 3445 earns more interest than it pays, so coverage of interest payments is not a concern.