Riso Kagaku Balance Sheet Health
Financial Health criteria checks 5/6
Riso Kagaku has a total shareholder equity of ¥66.1B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥89.1B and ¥23.0B respectively. Riso Kagaku's EBIT is ¥6.3B making its interest coverage ratio -22.6. It has cash and short-term investments of ¥21.8B.
Key information
2.0%
Debt to equity ratio
JP¥1.33b
Debt
| Interest coverage ratio | -22.6x |
| Cash | JP¥21.85b |
| Equity | JP¥66.13b |
| Total liabilities | JP¥23.00b |
| Total assets | JP¥89.13b |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Riso Kagaku Corporation's (TSE:6413) P/E Ratio
Aug 01
Do Riso Kagaku's (TSE:6413) Earnings Warrant Your Attention?
Jul 05Riso Kagaku's (TSE:6413) Profits May Not Reveal Underlying Issues
May 21Riso Kagaku's (TSE:6413) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 17Riso Kagaku's (TSE:6413) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 02Financial Position Analysis
Short Term Liabilities: 6413's short term assets (¥49.4B) exceed its short term liabilities (¥21.3B).
Long Term Liabilities: 6413's short term assets (¥49.4B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6413 has more cash than its total debt.
Reducing Debt: 6413's debt to equity ratio has increased from 1.6% to 2% over the past 5 years.
Debt Coverage: 6413's debt is well covered by operating cash flow (486.3%).
Interest Coverage: 6413 earns more interest than it pays, so coverage of interest payments is not a concern.