Restar Balance Sheet Health
Financial Health criteria checks 3/6
Restar has a total shareholder equity of ¥88.2B and total debt of ¥99.9B, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are ¥273.4B and ¥185.2B respectively. Restar's EBIT is ¥12.8B making its interest coverage ratio 4.4. It has cash and short-term investments of ¥37.6B.
Key information
113.3%
Debt to equity ratio
JP¥99.88b
Debt
Interest coverage ratio | 4.4x |
Cash | JP¥37.59b |
Equity | JP¥88.18b |
Total liabilities | JP¥185.19b |
Total assets | JP¥273.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3156's short term assets (¥216.8B) exceed its short term liabilities (¥163.8B).
Long Term Liabilities: 3156's short term assets (¥216.8B) exceed its long term liabilities (¥21.4B).
Debt to Equity History and Analysis
Debt Level: 3156's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: 3156's debt to equity ratio has increased from 76.9% to 113.3% over the past 5 years.
Debt Coverage: 3156's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 3156's interest payments on its debt are well covered by EBIT (4.4x coverage).