Otsuka Balance Sheet Health
Financial Health criteria checks 6/6
Otsuka has a total shareholder equity of ¥333.2B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥590.4B and ¥257.1B respectively. Otsuka's EBIT is ¥63.3B making its interest coverage ratio -175.4. It has cash and short-term investments of ¥226.3B.
Key information
1.8%
Debt to equity ratio
JP¥6.10b
Debt
Interest coverage ratio | -175.4x |
Cash | JP¥226.34b |
Equity | JP¥333.23b |
Total liabilities | JP¥257.13b |
Total assets | JP¥590.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTK's short term assets (¥487.8B) exceed its short term liabilities (¥245.0B).
Long Term Liabilities: OTK's short term assets (¥487.8B) exceed its long term liabilities (¥12.1B).
Debt to Equity History and Analysis
Debt Level: OTK has more cash than its total debt.
Reducing Debt: OTK's debt to equity ratio has reduced from 2.9% to 1.8% over the past 5 years.
Debt Coverage: OTK's debt is well covered by operating cash flow (1174.6%).
Interest Coverage: OTK earns more interest than it pays, so coverage of interest payments is not a concern.