Resonac Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Resonac Holdings has a total shareholder equity of ¥645.4B and total debt of ¥1,007.1B, which brings its debt-to-equity ratio to 156%. Its total assets and total liabilities are ¥2,114.8B and ¥1,469.3B respectively. Resonac Holdings's EBIT is ¥37.4B making its interest coverage ratio 3.5. It has cash and short-term investments of ¥238.4B.
Key information
156.0%
Debt to equity ratio
JP¥1.01t
Debt
| Interest coverage ratio | 3.5x |
| Cash | JP¥238.38b |
| Equity | JP¥645.44b |
| Total liabilities | JP¥1.47t |
| Total assets | JP¥2.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHWD.Y's short term assets (¥827.7B) exceed its short term liabilities (¥513.7B).
Long Term Liabilities: SHWD.Y's short term assets (¥827.7B) do not cover its long term liabilities (¥955.6B).
Debt to Equity History and Analysis
Debt Level: SHWD.Y's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: SHWD.Y's debt to equity ratio has increased from 56% to 156% over the past 5 years.
Debt Coverage: SHWD.Y's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: SHWD.Y's interest payments on its debt are well covered by EBIT (3.5x coverage).