Osaka Organic Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Osaka Organic Chemical Industry has a total shareholder equity of ¥44.8B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ¥57.8B and ¥13.0B respectively. Osaka Organic Chemical Industry's EBIT is ¥3.5B making its interest coverage ratio -25.7. It has cash and short-term investments of ¥11.8B.
Key information
8.4%
Debt to equity ratio
JP¥3.76b
Debt
| Interest coverage ratio | -25.7x |
| Cash | JP¥11.80b |
| Equity | JP¥44.84b |
| Total liabilities | JP¥13.01b |
| Total assets | JP¥57.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7YE's short term assets (¥32.0B) exceed its short term liabilities (¥10.9B).
Long Term Liabilities: 7YE's short term assets (¥32.0B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 7YE has more cash than its total debt.
Reducing Debt: 7YE's debt to equity ratio has reduced from 9.1% to 8.4% over the past 5 years.
Debt Coverage: 7YE's debt is well covered by operating cash flow (208.3%).
Interest Coverage: 7YE earns more interest than it pays, so coverage of interest payments is not a concern.