Renewable Japan Balance Sheet Health
Financial Health criteria checks 1/6
Renewable Japan has a total shareholder equity of ¥15.0B and total debt of ¥134.3B, which brings its debt-to-equity ratio to 898.1%. Its total assets and total liabilities are ¥162.0B and ¥147.0B respectively. Renewable Japan's EBIT is ¥3.3B making its interest coverage ratio 1.8. It has cash and short-term investments of ¥10.1B.
Key information
898.1%
Debt to equity ratio
JP¥134.29b
Debt
| Interest coverage ratio | 1.8x |
| Cash | JP¥10.13b |
| Equity | JP¥14.95b |
| Total liabilities | JP¥147.02b |
| Total assets | JP¥161.97b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9522's short term assets (¥50.5B) exceed its short term liabilities (¥31.2B).
Long Term Liabilities: 9522's short term assets (¥50.5B) do not cover its long term liabilities (¥115.8B).
Debt to Equity History and Analysis
Debt Level: 9522's net debt to equity ratio (830.4%) is considered high.
Reducing Debt: Insufficient data to determine if 9522's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9522's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 9522's interest payments on its debt are not well covered by EBIT (1.8x coverage).