RS Technologies Balance Sheet Health
Financial Health criteria checks 6/6
RS Technologies has a total shareholder equity of ¥130.0B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥155.4B and ¥25.4B respectively. RS Technologies's EBIT is ¥11.6B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥77.8B.
Key information
4.0%
Debt to equity ratio
JP¥5.19b
Debt
| Interest coverage ratio | -7.5x |
| Cash | JP¥77.80b |
| Equity | JP¥130.05b |
| Total liabilities | JP¥25.40b |
| Total assets | JP¥155.45b |
Recent financial health updates
Recent updates
Is RS Technologies Co., Ltd. (TSE:3445) Potentially Undervalued?
Oct 09
RS Technologies (TSE:3445) Will Pay A Larger Dividend Than Last Year At ¥35.00
Sep 10RS Technologies (TSE:3445) Has Announced That It Will Be Increasing Its Dividend To ¥35.00
Aug 27RS Technologies' (TSE:3445) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12Benign Growth For RS Technologies Co., Ltd. (TSE:3445) Underpins Its Share Price
Jul 23Is RS Technologies (TSE:3445) Using Too Much Debt?
Jun 10What Does RS Technologies Co., Ltd.'s (TSE:3445) Share Price Indicate?
Apr 15Improved Earnings Required Before RS Technologies Co., Ltd. (TSE:3445) Shares Find Their Feet
Mar 31Financial Position Analysis
Short Term Liabilities: 3445's short term assets (¥104.6B) exceed its short term liabilities (¥18.3B).
Long Term Liabilities: 3445's short term assets (¥104.6B) exceed its long term liabilities (¥7.1B).
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 12.3% to 4% over the past 5 years.
Debt Coverage: 3445's debt is well covered by operating cash flow (273.3%).
Interest Coverage: 3445 earns more interest than it pays, so coverage of interest payments is not a concern.