River Eletec Balance Sheet Health
Financial Health criteria checks 4/6
River Eletec has a total shareholder equity of ¥4.6B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are ¥10.9B and ¥6.3B respectively.
Key information
100.8%
Debt to equity ratio
JP¥4.61b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥2.98b |
| Equity | JP¥4.57b |
| Total liabilities | JP¥6.32b |
| Total assets | JP¥10.90b |
Recent financial health updates
Does River Eletec (TSE:6666) Have A Healthy Balance Sheet?
Jun 18
Is River Eletec (TYO:6666) A Risky Investment?
Mar 02River Eletec (TYO:6666) Has A Pretty Healthy Balance Sheet
Dec 01Recent updates
River Eletec Corporation (TSE:6666) Investors Are Less Pessimistic Than Expected
Aug 03Does River Eletec (TSE:6666) Have A Healthy Balance Sheet?
Jun 18Revenues Not Telling The Story For River Eletec Corporation (TSE:6666)
Apr 22River Eletec (TSE:6666) Is Experiencing Growth In Returns On Capital
Mar 01Is River Eletec (TYO:6666) A Risky Investment?
Mar 02The River Eletec (TYO:6666) Share Price Is Up 347% And Shareholders Are Delighted
Feb 02
Does River Eletec (TYO:6666) Have The Makings Of A Multi-Bagger?
Jan 12Should You Use River Eletec's (TYO:6666) Statutory Earnings To Analyse It?
Dec 22River Eletec (TYO:6666) Has A Pretty Healthy Balance Sheet
Dec 01Financial Position Analysis
Short Term Liabilities: 6666's short term assets (¥6.4B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 6666's short term assets (¥6.4B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 6666's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 6666's debt to equity ratio has reduced from 622.5% to 100.8% over the past 5 years.
Debt Coverage: 6666's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: Insufficient data to determine if 6666's interest payments on its debt are well covered by EBIT.