Rorze Balance Sheet Health
Financial Health criteria checks 6/6
Rorze has a total shareholder equity of ¥124.2B and total debt of ¥37.2B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are ¥184.7B and ¥60.5B respectively. Rorze's EBIT is ¥31.3B making its interest coverage ratio -112.3. It has cash and short-term investments of ¥55.1B.
Key information
29.9%
Debt to equity ratio
JP¥37.15b
Debt
| Interest coverage ratio | -112.3x |
| Cash | JP¥55.08b |
| Equity | JP¥124.21b |
| Total liabilities | JP¥60.52b |
| Total assets | JP¥184.73b |
Recent financial health updates
Here's Why Rorze (TSE:6323) Can Manage Its Debt Responsibly
Sep 21
Is Rorze (TSE:6323) Using Too Much Debt?
Mar 14Recent updates
If EPS Growth Is Important To You, Rorze (TSE:6323) Presents An Opportunity
Oct 30Here's Why Rorze (TSE:6323) Can Manage Its Debt Responsibly
Sep 21Rorze (TSE:6323) Is Reinvesting To Multiply In Value
Sep 07Is Rorze Corporation (TSE:6323) Potentially Undervalued?
Aug 23Rorze Corporation's (TSE:6323) 27% Share Price Plunge Could Signal Some Risk
Jul 26Rorze Corporation (TSE:6323) Analysts Are Pretty Bullish On The Stock After Recent Results
Jul 13Is Rorze Corporation (TSE:6323) Potentially Undervalued?
May 22Upgrade: Analysts Just Made A Meaningful Increase To Their Rorze Corporation (TSE:6323) Forecasts
Apr 17Earnings 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 (¥137.3B) exceed its short term liabilities (¥40.7B).
Long Term Liabilities: 6323's short term assets (¥137.3B) exceed its long term liabilities (¥19.8B).
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 69.9% to 29.9% over the past 5 years.
Debt Coverage: 6323's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 6323 earns more interest than it pays, so coverage of interest payments is not a concern.