Riken Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Riken Keiki has a total shareholder equity of ¥72.5B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ¥88.6B and ¥16.1B respectively. Riken Keiki's EBIT is ¥11.5B making its interest coverage ratio -49.8. It has cash and short-term investments of ¥21.6B.
Key information
2.5%
Debt to equity ratio
JP¥1.85b
Debt
Interest coverage ratio | -49.8x |
Cash | JP¥21.59b |
Equity | JP¥72.45b |
Total liabilities | JP¥16.14b |
Total assets | JP¥88.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7734's short term assets (¥57.1B) exceed its short term liabilities (¥12.4B).
Long Term Liabilities: 7734's short term assets (¥57.1B) exceed its long term liabilities (¥3.7B).
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 2.5% over the past 5 years.
Debt Coverage: 7734's debt is well covered by operating cash flow (120.3%).
Interest Coverage: 7734 earns more interest than it pays, so coverage of interest payments is not a concern.