Olympus Balance Sheet Health
Financial Health criteria checks 5/6
Olympus has a total shareholder equity of ¥757.2B and total debt of ¥299.6B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ¥1,534.2B and ¥777.0B respectively. Olympus's EBIT is ¥115.8B making its interest coverage ratio 15. It has cash and short-term investments of ¥340.9B.
Key information
39.6%
Debt to equity ratio
JP¥299.62b
Debt
Interest coverage ratio | 15x |
Cash | JP¥340.93b |
Equity | JP¥757.19b |
Total liabilities | JP¥777.03b |
Total assets | JP¥1.53t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLY's short term assets (¥800.3B) exceed its short term liabilities (¥431.7B).
Long Term Liabilities: OLY's short term assets (¥800.3B) exceed its long term liabilities (¥345.3B).
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 41% to 39.6% over the past 5 years.
Debt Coverage: OLY's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: OLY's interest payments on its debt are well covered by EBIT (15x coverage).