rakumo Balance Sheet Health
Financial Health criteria checks 6/6
rakumo has a total shareholder equity of ¥1.4B and total debt of ¥510.0M, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are ¥2.7B and ¥1.3B respectively. rakumo's EBIT is ¥304.0M making its interest coverage ratio 304. It has cash and short-term investments of ¥1.9B.
Key information
37.4%
Debt to equity ratio
JP¥510.00m
Debt
| Interest coverage ratio | 304x |
| Cash | JP¥1.89b |
| Equity | JP¥1.36b |
| Total liabilities | JP¥1.31b |
| Total assets | JP¥2.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4060's short term assets (¥2.0B) exceed its short term liabilities (¥733.0M).
Long Term Liabilities: 4060's short term assets (¥2.0B) exceed its long term liabilities (¥574.0M).
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 387.9% to 37.4% over the past 5 years.
Debt Coverage: 4060's debt is well covered by operating cash flow (68.8%).
Interest Coverage: 4060's interest payments on its debt are well covered by EBIT (304x coverage).