Oji Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Oji Holdings has a total shareholder equity of ¥1,194.6B and total debt of ¥923.9B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ¥2,724.8B and ¥1,530.2B respectively. Oji Holdings's EBIT is ¥71.0B making its interest coverage ratio 174. It has cash and short-term investments of ¥115.4B.
Key information
77.3%
Debt to equity ratio
JP¥923.89b
Debt
| Interest coverage ratio | 174x |
| Cash | JP¥115.39b |
| Equity | JP¥1.19t |
| Total liabilities | JP¥1.53t |
| Total assets | JP¥2.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OJI's short term assets (¥876.8B) exceed its short term liabilities (¥827.8B).
Long Term Liabilities: OJI's short term assets (¥876.8B) exceed its long term liabilities (¥702.4B).
Debt to Equity History and Analysis
Debt Level: OJI's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: OJI's debt to equity ratio has reduced from 78.5% to 77.3% over the past 5 years.
Debt Coverage: OJI's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: OJI's interest payments on its debt are well covered by EBIT (174x coverage).