Ryoden Balance Sheet Health
Financial Health criteria checks 5/6
Ryoden has a total shareholder equity of ¥84.1B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥164.9B and ¥80.9B respectively. Ryoden's EBIT is ¥8.7B making its interest coverage ratio -42.7. It has cash and short-term investments of ¥20.6B.
Key information
4.2%
Debt to equity ratio
JP¥3.52b
Debt
Interest coverage ratio | -42.7x |
Cash | JP¥20.58b |
Equity | JP¥84.08b |
Total liabilities | JP¥80.85b |
Total assets | JP¥164.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8084's short term assets (¥149.6B) exceed its short term liabilities (¥75.2B).
Long Term Liabilities: 8084's short term assets (¥149.6B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 8084 has more cash than its total debt.
Reducing Debt: 8084's debt to equity ratio has increased from 2.4% to 4.2% over the past 5 years.
Debt Coverage: 8084's debt is well covered by operating cash flow (316.3%).
Interest Coverage: 8084 earns more interest than it pays, so coverage of interest payments is not a concern.