Rorze Balance Sheet Health
Financial Health criteria checks 6/6
Rorze has a total shareholder equity of ¥99.5B and total debt of ¥34.5B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are ¥156.1B and ¥56.6B respectively. Rorze's EBIT is ¥24.1B making its interest coverage ratio -309.5. It has cash and short-term investments of ¥38.0B.
Key information
34.7%
Debt to equity ratio
JP¥34.50b
Debt
| Interest coverage ratio | -309.5x |
| Cash | JP¥37.95b |
| Equity | JP¥99.55b |
| Total liabilities | JP¥56.59b |
| Total assets | JP¥156.14b |
Recent financial health updates
Recent updates
Upgrade: Analysts Just Made A Meaningful Increase To Their Rorze Corporation (TSE:6323) Forecasts
Apr 17
Earnings Update: Here's Why Analysts Just Lifted Their Rorze Corporation (TSE:6323) Price Target To JP¥20,650
Apr 15Rorze Corporation's (TSE:6323) P/E Is Still On The Mark Following 31% Share Price Bounce
Apr 12Is Rorze (TSE:6323) Using Too Much Debt?
Mar 14What Rorze Corporation's (TSE:6323) 27% Share Price Gain Is Not Telling You
Feb 26Financial Position Analysis
Short Term Liabilities: 6323's short term assets (¥120.1B) exceed its short term liabilities (¥36.4B).
Long Term Liabilities: 6323's short term assets (¥120.1B) exceed its long term liabilities (¥20.2B).
Debt to Equity History and Analysis
Debt Level: 6323 has more cash than its total debt.
Reducing Debt: 6323's debt to equity ratio has reduced from 70.3% to 34.7% over the past 5 years.
Debt Coverage: 6323's debt is well covered by operating cash flow (45.1%).
Interest Coverage: 6323 earns more interest than it pays, so coverage of interest payments is not a concern.