Penta-Ocean Construction Balance Sheet Health
Financial Health criteria checks 3/6
Penta-Ocean Construction has a total shareholder equity of ¥173.3B and total debt of ¥170.1B, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are ¥614.4B and ¥441.1B respectively. Penta-Ocean Construction's EBIT is ¥30.9B making its interest coverage ratio 21. It has cash and short-term investments of ¥54.2B.
Key information
98.2%
Debt to equity ratio
JP¥170.12b
Debt
| Interest coverage ratio | 21x |
| Cash | JP¥54.19b |
| Equity | JP¥173.28b |
| Total liabilities | JP¥441.12b |
| Total assets | JP¥614.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PO6's short term assets (¥477.6B) exceed its short term liabilities (¥364.4B).
Long Term Liabilities: PO6's short term assets (¥477.6B) exceed its long term liabilities (¥76.8B).
Debt to Equity History and Analysis
Debt Level: PO6's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: PO6's debt to equity ratio has increased from 79.8% to 98.2% over the past 5 years.
Debt Coverage: PO6's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: PO6's interest payments on its debt are well covered by EBIT (21x coverage).