Recomm Balance Sheet Health
Financial Health criteria checks 5/6
Recomm has a total shareholder equity of ¥5.1B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ¥10.7B and ¥5.6B respectively. Recomm's EBIT is ¥408.0M making its interest coverage ratio 27.2. It has cash and short-term investments of ¥2.7B.
Key information
61.0%
Debt to equity ratio
JP¥3.09b
Debt
| Interest coverage ratio | 27.2x |
| Cash | JP¥2.74b |
| Equity | JP¥5.07b |
| Total liabilities | JP¥5.64b |
| Total assets | JP¥10.71b |
Recent financial health updates
Recomm (TSE:3323) Could Easily Take On More Debt
Jul 17
Is Recomm (TYO:3323) Weighed On By Its Debt Load?
Apr 17Recomm (TYO:3323) Has Debt But No Earnings; Should You Worry?
Jan 11
Recent updates
Estimating The Intrinsic Value Of Recomm Co., Ltd. (TSE:3323)
Aug 16Recomm (TSE:3323) Could Easily Take On More Debt
Jul 17Is 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 (¥7.7B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 3323's short term assets (¥7.7B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 3323's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 3323's debt to equity ratio has reduced from 62.2% to 61% over the past 5 years.
Debt Coverage: 3323's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 3323's interest payments on its debt are well covered by EBIT (27.2x coverage).