rakumo Balance Sheet Health
Financial Health criteria checks 6/6
rakumo has a total shareholder equity of ¥1.5B and total debt of ¥510.0M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are ¥2.9B and ¥1.4B respectively. rakumo's EBIT is ¥336.5M making its interest coverage ratio 442.2. It has cash and short-term investments of ¥2.2B.
Key information
33.2%
Debt to equity ratio
JP¥510.00m
Debt
| Interest coverage ratio | 442.2x |
| Cash | JP¥2.21b |
| Equity | JP¥1.54b |
| Total liabilities | JP¥1.40b |
| Total assets | JP¥2.94b |
Recent financial health updates
Recent updates
rakumo (TSE:4060) Might Have The Makings Of A Multi-Bagger
Aug 02
rakumo Inc.'s (TSE:4060) 26% Share Price Plunge Could Signal Some Risk
Aug 02rakumo Inc.'s (TSE:4060) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 29rakumo (TSE:4060) Ticks All The Boxes When It Comes To Earnings Growth
Apr 05What rakumo Inc.'s (TSE:4060) 27% Share Price Gain Is Not Telling You
Mar 15We Think rakumo (TSE:4060) Can Manage Its Debt With Ease
Mar 06Financial Position Analysis
Short Term Liabilities: 4060's short term assets (¥2.3B) exceed its short term liabilities (¥817.6M).
Long Term Liabilities: 4060's short term assets (¥2.3B) exceed its long term liabilities (¥583.2M).
Debt to Equity History and Analysis
Debt Level: 4060 has more cash than its total debt.
Reducing Debt: 4060's debt to equity ratio has reduced from 222.5% to 33.2% over the past 5 years.
Debt Coverage: 4060's debt is well covered by operating cash flow (73.7%).
Interest Coverage: 4060's interest payments on its debt are well covered by EBIT (442.2x coverage).