Rikei Balance Sheet Health

Financial Health criteria checks 4/6

Rikei has a total shareholder equity of ¥4.8B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 106.8%. Its total assets and total liabilities are ¥12.3B and ¥7.5B respectively. Rikei's EBIT is ¥774.0M making its interest coverage ratio 110.6. It has cash and short-term investments of ¥4.7B.

Key information

106.8%

Debt to equity ratio

JP¥5.09b

Debt

Interest coverage ratio110.6x
CashJP¥4.73b
EquityJP¥4.76b
Total liabilitiesJP¥7.49b
Total assetsJP¥12.25b

Recent financial health updates

Recent updates

Rikei Corporation (TSE:8226) Soars 44% But It's A Story Of Risk Vs Reward

Sep 04
Rikei Corporation (TSE:8226) Soars 44% But It's A Story Of Risk Vs Reward

Rikei (TSE:8226) Might Have The Makings Of A Multi-Bagger

Aug 07
Rikei (TSE:8226) Might Have The Makings Of A Multi-Bagger

Further Upside For Rikei Corporation (TSE:8226) Shares Could Introduce Price Risks After 26% Bounce

Jul 03
Further Upside For Rikei Corporation (TSE:8226) Shares Could Introduce Price Risks After 26% Bounce

These 4 Measures Indicate That Rikei (TSE:8226) Is Using Debt Reasonably Well

Jun 16
These 4 Measures Indicate That Rikei (TSE:8226) Is Using Debt Reasonably Well

Additional Considerations Required While Assessing Rikei's (TSE:8226) Strong Earnings

May 21
Additional Considerations Required While Assessing Rikei's (TSE:8226) Strong Earnings

Optimistic Investors Push Rikei Corporation (TSE:8226) Shares Up 52% But Growth Is Lacking

Mar 18
Optimistic Investors Push Rikei Corporation (TSE:8226) Shares Up 52% But Growth Is Lacking

Is Rikei (TSE:8226) A Risky Investment?

Mar 07
Is Rikei (TSE:8226) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: 8226's short term assets (¥11.5B) exceed its short term liabilities (¥7.2B).

Long Term Liabilities: 8226's short term assets (¥11.5B) exceed its long term liabilities (¥320.0M).


Debt to Equity History and Analysis

Debt Level: 8226's net debt to equity ratio (7.6%) is considered satisfactory.

Reducing Debt: 8226's debt to equity ratio has increased from 7.5% to 106.8% over the past 5 years.

Debt Coverage: 8226's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8226's interest payments on its debt are well covered by EBIT (110.6x coverage).


Balance Sheet


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