This company has been acquired
Roland DG Balance Sheet Health
Financial Health criteria checks 6/6
Roland DG has a total shareholder equity of ¥38.1B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are ¥55.4B and ¥17.3B respectively. Roland DG's EBIT is ¥4.4B making its interest coverage ratio -222.4. It has cash and short-term investments of ¥11.5B.
Key information
7.1%
Debt to equity ratio
JP¥2.70b
Debt
| Interest coverage ratio | -222.4x |
| Cash | JP¥11.52b |
| Equity | JP¥38.07b |
| Total liabilities | JP¥17.30b |
| Total assets | JP¥55.36b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RLDG.F's short term assets (¥37.2B) exceed its short term liabilities (¥11.9B).
Long Term Liabilities: RLDG.F's short term assets (¥37.2B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: RLDG.F has more cash than its total debt.
Reducing Debt: RLDG.F's debt to equity ratio has reduced from 11.9% to 7.1% over the past 5 years.
Debt Coverage: RLDG.F's debt is well covered by operating cash flow (186.9%).
Interest Coverage: RLDG.F earns more interest than it pays, so coverage of interest payments is not a concern.