Osaka Organic Chemical Industry Balance Sheet Health
Financial Health criteria checks 5/6
Osaka Organic Chemical Industry has a total shareholder equity of ¥44.8B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ¥57.1B and ¥12.3B respectively. Osaka Organic Chemical Industry's EBIT is ¥3.5B making its interest coverage ratio -22.1. It has cash and short-term investments of ¥12.0B.
Key information
9.1%
Debt to equity ratio
JP¥4.07b
Debt
| Interest coverage ratio | -22.1x |
| Cash | JP¥12.00b |
| Equity | JP¥44.79b |
| Total liabilities | JP¥12.30b |
| Total assets | JP¥57.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7YE's short term assets (¥30.6B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 7YE's short term assets (¥30.6B) exceed its long term liabilities (¥3.7B).
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 increased from 6.6% to 9.1% over the past 5 years.
Debt Coverage: 7YE's debt is well covered by operating cash flow (192.4%).
Interest Coverage: 7YE earns more interest than it pays, so coverage of interest payments is not a concern.