Rikei Balance Sheet Health
Financial Health criteria checks 4/6
Rikei has a total shareholder equity of ¥4.8B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are ¥10.3B and ¥5.5B respectively. Rikei's EBIT is ¥568.0M making its interest coverage ratio 142. It has cash and short-term investments of ¥3.1B.
Key information
53.6%
Debt to equity ratio
JP¥2.58b
Debt
| Interest coverage ratio | 142x |
| Cash | JP¥3.06b |
| Equity | JP¥4.81b |
| Total liabilities | JP¥5.50b |
| Total assets | JP¥10.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8226's short term assets (¥9.6B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 8226's short term assets (¥9.6B) exceed its long term liabilities (¥326.0M).
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 5.2% to 53.6% 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 (142x coverage).