Riken Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Riken Keiki has a total shareholder equity of ¥76.4B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥91.3B and ¥14.9B respectively. Riken Keiki's EBIT is ¥11.1B making its interest coverage ratio -46. It has cash and short-term investments of ¥22.0B.
Key information
2.2%
Debt to equity ratio
JP¥1.65b
Debt
| Interest coverage ratio | -46x |
| Cash | JP¥22.00b |
| Equity | JP¥76.42b |
| Total liabilities | JP¥14.90b |
| Total assets | JP¥91.32b |
Recent financial health updates
Recent updates
Investors Will Want Riken Keiki's (TSE:7734) Growth In ROCE To Persist
Oct 21
Riken Keiki Co., Ltd. (TSE:7734) Not Lagging Market On Growth Or Pricing
Sep 20Estimating 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 (¥59.3B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 7734's short term assets (¥59.3B) 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 4.1% to 2.2% over the past 5 years.
Debt Coverage: 7734's debt is well covered by operating cash flow (203.9%).
Interest Coverage: 7734 earns more interest than it pays, so coverage of interest payments is not a concern.