Rikei Balance Sheet Health
Financial Health criteria checks 4/6
Rikei has a total shareholder equity of ¥4.4B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are ¥8.5B and ¥4.1B respectively. Rikei's EBIT is ¥292.0M making its interest coverage ratio 48.7. It has cash and short-term investments of ¥2.9B.
Key information
44.1%
Debt to equity ratio
JP¥1.92b
Debt
| Interest coverage ratio | 48.7x |
| Cash | JP¥2.92b |
| Equity | JP¥4.36b |
| Total liabilities | JP¥4.13b |
| Total assets | JP¥8.48b |
Financial Position Analysis
Short Term Liabilities: 8226's short term assets (¥7.8B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 8226's short term assets (¥7.8B) exceed its long term liabilities (¥336.0M).
Debt to Equity History and Analysis
Debt Level: 8226 has more cash than its total debt.
Reducing Debt: 8226's debt to equity ratio has increased from 15.1% to 44.1% 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 (48.7x coverage).