Ohara Balance Sheet Health
Financial Health criteria checks 5/6
Ohara has a total shareholder equity of ¥49.1B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥62.7B and ¥13.6B respectively. Ohara's EBIT is ¥1.5B making its interest coverage ratio -6.7. It has cash and short-term investments of ¥14.5B.
Key information
11.0%
Debt to equity ratio
JP¥5.39b
Debt
Interest coverage ratio | -6.7x |
Cash | JP¥14.48b |
Equity | JP¥49.08b |
Total liabilities | JP¥13.59b |
Total assets | JP¥62.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9IE's short term assets (¥37.3B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 9IE's short term assets (¥37.3B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 9IE has more cash than its total debt.
Reducing Debt: 9IE's debt to equity ratio has increased from 10.5% to 11% over the past 5 years.
Debt Coverage: 9IE's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 9IE earns more interest than it pays, so coverage of interest payments is not a concern.