Olympus Balance Sheet Health
Financial Health criteria checks 6/6
Olympus has a total shareholder equity of ¥703.1B and total debt of ¥245.5B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ¥1,366.6B and ¥663.6B respectively. Olympus's EBIT is ¥179.7B making its interest coverage ratio -181.7. It has cash and short-term investments of ¥245.9B.
Key information
34.9%
Debt to equity ratio
JP¥245.48b
Debt
| Interest coverage ratio | -181.7x |
| Cash | JP¥245.87b |
| Equity | JP¥703.09b |
| Total liabilities | JP¥663.55b |
| Total assets | JP¥1.37t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLY's short term assets (¥657.1B) exceed its short term liabilities (¥419.6B).
Long Term Liabilities: OLY's short term assets (¥657.1B) exceed its long term liabilities (¥244.0B).
Debt to Equity History and Analysis
Debt Level: OLY has more cash than its total debt.
Reducing Debt: OLY's debt to equity ratio has reduced from 77.6% to 34.9% over the past 5 years.
Debt Coverage: OLY's debt is well covered by operating cash flow (60.2%).
Interest Coverage: OLY earns more interest than it pays, so coverage of interest payments is not a concern.