Rinnai Balance Sheet Health
Financial Health criteria checks 6/6
Rinnai has a total shareholder equity of ¥424.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥565.7B and ¥141.6B respectively. Rinnai's EBIT is ¥32.9B making its interest coverage ratio -12.3. It has cash and short-term investments of ¥137.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -12.3x |
Cash | JP¥137.52b |
Equity | JP¥424.16b |
Total liabilities | JP¥141.57b |
Total assets | JP¥565.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RINI.F's short term assets (¥335.5B) exceed its short term liabilities (¥110.7B).
Long Term Liabilities: RINI.F's short term assets (¥335.5B) exceed its long term liabilities (¥30.8B).
Debt to Equity History and Analysis
Debt Level: RINI.F is debt free.
Reducing Debt: RINI.F had no debt 5 years ago.
Debt Coverage: RINI.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RINI.F has no debt, therefore coverage of interest payments is not a concern.