Renewable Japan Balance Sheet Health
Financial Health criteria checks 1/6
Renewable Japan has a total shareholder equity of ¥14.1B and total debt of ¥131.0B, which brings its debt-to-equity ratio to 927.6%. Its total assets and total liabilities are ¥159.1B and ¥145.0B respectively. Renewable Japan's EBIT is ¥3.6B making its interest coverage ratio 1.9. It has cash and short-term investments of ¥13.4B.
Key information
927.6%
Debt to equity ratio
JP¥131.04b
Debt
| Interest coverage ratio | 1.9x |
| Cash | JP¥13.40b |
| Equity | JP¥14.13b |
| Total liabilities | JP¥144.98b |
| Total assets | JP¥159.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9522's short term assets (¥50.0B) exceed its short term liabilities (¥29.2B).
Long Term Liabilities: 9522's short term assets (¥50.0B) do not cover its long term liabilities (¥115.8B).
Debt to Equity History and Analysis
Debt Level: 9522's net debt to equity ratio (832.7%) 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 (2.8%).
Interest Coverage: 9522's interest payments on its debt are not well covered by EBIT (1.9x coverage).