Ryoyo Electro Balance Sheet Health
Financial Health criteria checks 5/6
Ryoyo Electro has a total shareholder equity of ¥51.3B and total debt of ¥27.7B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are ¥96.5B and ¥45.2B respectively. Ryoyo Electro's EBIT is ¥3.9B making its interest coverage ratio 22.7. It has cash and short-term investments of ¥10.3B.
Key information
54.0%
Debt to equity ratio
JP¥27.70b
Debt
| Interest coverage ratio | 22.7x |
| Cash | JP¥10.25b |
| Equity | JP¥51.29b |
| Total liabilities | JP¥45.22b |
| Total assets | JP¥96.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8068's short term assets (¥63.2B) exceed its short term liabilities (¥43.5B).
Long Term Liabilities: 8068's short term assets (¥63.2B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 8068's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: 8068's debt to equity ratio has increased from 0% to 54% over the past 5 years.
Debt Coverage: 8068's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 8068's interest payments on its debt are well covered by EBIT (22.7x coverage).