Riken Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Riken Keiki has a total shareholder equity of ¥70.1B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥86.0B and ¥15.8B respectively. Riken Keiki's EBIT is ¥9.7B making its interest coverage ratio -41.7. It has cash and short-term investments of ¥19.4B.
Key information
2.6%
Debt to equity ratio
JP¥1.81b
Debt
Interest coverage ratio | -41.7x |
Cash | JP¥19.37b |
Equity | JP¥70.15b |
Total liabilities | JP¥15.83b |
Total assets | JP¥85.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7734's short term assets (¥54.9B) exceed its short term liabilities (¥12.6B).
Long Term Liabilities: 7734's short term assets (¥54.9B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 7734 has more cash than its total debt.
Reducing Debt: 7734's debt to equity ratio has reduced from 4.6% to 2.6% over the past 5 years.
Debt Coverage: 7734's debt is well covered by operating cash flow (300.2%).
Interest Coverage: 7734 earns more interest than it pays, so coverage of interest payments is not a concern.