Riken Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Riken Keiki has a total shareholder equity of ¥74.4B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥89.7B and ¥15.3B respectively. Riken Keiki's EBIT is ¥11.1B making its interest coverage ratio -46.7. It has cash and short-term investments of ¥21.4B.
Key information
2.7%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | -46.7x |
| Cash | JP¥21.37b |
| Equity | JP¥74.44b |
| Total liabilities | JP¥15.26b |
| Total assets | JP¥89.69b |
Recent financial health updates
Recent updates
Riken Keiki Co., Ltd. (TSE:7734) Not Lagging Market On Growth Or Pricing
Sep 20
Estimating The Fair Value Of Riken Keiki Co., Ltd. (TSE:7734)
Sep 04Is Riken Keiki (TSE:7734) A Risky Investment?
Jul 23Riken Keiki (TSE:7734) Is Looking To Continue Growing Its Returns On Capital
Jul 04Riken Keiki Co., Ltd.'s (TSE:7734) Price In Tune With Earnings
May 02Estimating The Fair Value Of Riken Keiki Co., Ltd. (TSE:7734)
Apr 17Riken Keiki (TSE:7734) Is Paying Out A Dividend Of ¥40.00
Mar 03Financial Position Analysis
Short Term Liabilities: 7734's short term assets (¥57.6B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 7734's short term assets (¥57.6B) exceed its long term liabilities (¥3.5B).
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 4.9% to 2.7% over the past 5 years.
Debt Coverage: 7734's debt is well covered by operating cash flow (111%).
Interest Coverage: 7734 earns more interest than it pays, so coverage of interest payments is not a concern.