Recruit Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Recruit Holdings has a total shareholder equity of ¥1,966.9B and total debt of ¥21.4B, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ¥3,020.3B and ¥1,053.4B respectively. Recruit Holdings's EBIT is ¥417.9B making its interest coverage ratio -9. It has cash and short-term investments of ¥1,050.5B.
Key information
1.1%
Debt to equity ratio
JP¥21.39b
Debt
Interest coverage ratio | -9x |
Cash | JP¥1.05t |
Equity | JP¥1.97t |
Total liabilities | JP¥1.05t |
Total assets | JP¥3.02t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCRR.F's short term assets (¥1,653.9B) exceed its short term liabilities (¥694.4B).
Long Term Liabilities: RCRR.F's short term assets (¥1,653.9B) exceed its long term liabilities (¥359.0B).
Debt to Equity History and Analysis
Debt Level: RCRR.F has more cash than its total debt.
Reducing Debt: RCRR.F's debt to equity ratio has reduced from 18.5% to 1.1% over the past 5 years.
Debt Coverage: RCRR.F's debt is well covered by operating cash flow (2146.7%).
Interest Coverage: RCRR.F earns more interest than it pays, so coverage of interest payments is not a concern.