Remixpoint Balance Sheet Health
Financial Health criteria checks 6/6
Remixpoint has a total shareholder equity of ¥18.0B and total debt of ¥483.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥20.1B and ¥2.2B respectively. Remixpoint's EBIT is ¥1.6B making its interest coverage ratio 311.4. It has cash and short-term investments of ¥14.8B.
Key information
2.7%
Debt to equity ratio
JP¥483.00m
Debt
| Interest coverage ratio | 311.4x |
| Cash | JP¥14.77b |
| Equity | JP¥17.99b |
| Total liabilities | JP¥2.16b |
| Total assets | JP¥20.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3825's short term assets (¥18.3B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 3825's short term assets (¥18.3B) exceed its long term liabilities (¥405.0M).
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 24.9% to 2.7% over the past 5 years.
Debt Coverage: 3825's debt is well covered by operating cash flow (506.6%).
Interest Coverage: 3825's interest payments on its debt are well covered by EBIT (311.4x coverage).