Remixpoint Balance Sheet Health
Financial Health criteria checks 5/6
Remixpoint has a total shareholder equity of ¥18.2B and total debt of ¥546.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥19.7B and ¥1.5B respectively. Remixpoint's EBIT is ¥1.1B making its interest coverage ratio -35. It has cash and short-term investments of ¥13.1B.
Key information
3.0%
Debt to equity ratio
JP¥546.00m
Debt
Interest coverage ratio | -35x |
Cash | JP¥13.13b |
Equity | JP¥18.24b |
Total liabilities | JP¥1.46b |
Total assets | JP¥19.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3825's short term assets (¥17.0B) exceed its short term liabilities (¥1,000.0M).
Long Term Liabilities: 3825's short term assets (¥17.0B) exceed its long term liabilities (¥456.0M).
Debt to Equity History and Analysis
Debt Level: 3825 has more cash than its total debt.
Reducing Debt: 3825's debt to equity ratio has reduced from 24.7% to 3% over the past 5 years.
Debt Coverage: 3825's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3825 earns more interest than it pays, so coverage of interest payments is not a concern.