Recomm Balance Sheet Health
Financial Health criteria checks 4/6
Recomm has a total shareholder equity of ¥4.8B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are ¥10.4B and ¥5.6B respectively. Recomm's EBIT is ¥373.0M making its interest coverage ratio 14.3. It has cash and short-term investments of ¥2.6B.
Key information
67.3%
Debt to equity ratio
JP¥3.25b
Debt
Interest coverage ratio | 14.3x |
Cash | JP¥2.57b |
Equity | JP¥4.83b |
Total liabilities | JP¥5.60b |
Total assets | JP¥10.44b |
Recent financial health updates
Is Recomm (TYO:3323) Weighed On By Its Debt Load?
Apr 17Recomm (TYO:3323) Has Debt But No Earnings; Should You Worry?
Jan 11Recent updates
Is Recomm (TYO:3323) Weighed On By Its Debt Load?
Apr 17Is Recomm Co., Ltd. (TYO:3323) The Right Choice For A Smart Dividend Investor?
Mar 21If You Had Bought Recomm (TYO:3323) Shares Five Years Ago You'd Have Earned 100% Returns
Feb 06Recomm (TYO:3323) Has Debt But No Earnings; Should You Worry?
Jan 11Is Recomm Co., Ltd. (TYO:3323) A Good Fit For Your Dividend Portfolio?
Dec 21Here's Why We Don't Think Recomm's (TYO:3323) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 28Financial Position Analysis
Short Term Liabilities: 3323's short term assets (¥7.5B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 3323's short term assets (¥7.5B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 3323's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 3323's debt to equity ratio has increased from 65.3% to 67.3% over the past 5 years.
Debt Coverage: 3323's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 3323's interest payments on its debt are well covered by EBIT (14.3x coverage).