Otsuka Balance Sheet Health
Financial Health criteria checks 6/6
Otsuka has a total shareholder equity of ¥357.0B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥635.7B and ¥278.7B respectively. Otsuka's EBIT is ¥67.7B making its interest coverage ratio -166.4. It has cash and short-term investments of ¥225.1B.
Key information
1.7%
Debt to equity ratio
JP¥6.00b
Debt
| Interest coverage ratio | -166.4x |
| Cash | JP¥225.05b |
| Equity | JP¥356.97b |
| Total liabilities | JP¥278.71b |
| Total assets | JP¥635.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTK's short term assets (¥532.1B) exceed its short term liabilities (¥268.0B).
Long Term Liabilities: OTK's short term assets (¥532.1B) exceed its long term liabilities (¥10.7B).
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 2.6% to 1.7% over the past 5 years.
Debt Coverage: OTK's debt is well covered by operating cash flow (728.3%).
Interest Coverage: OTK earns more interest than it pays, so coverage of interest payments is not a concern.