Obayashi Balance Sheet Health
Financial Health criteria checks 5/6
Obayashi has a total shareholder equity of ¥1,112.4B and total debt of ¥404.3B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are ¥2,949.1B and ¥1,836.6B respectively. Obayashi's EBIT is ¥79.3B making its interest coverage ratio -10.3. It has cash and short-term investments of ¥258.1B.
Key information
36.3%
Debt to equity ratio
JP¥404.34b
Debt
Interest coverage ratio | -10.3x |
Cash | JP¥258.14b |
Equity | JP¥1.11t |
Total liabilities | JP¥1.84t |
Total assets | JP¥2.95t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1802's short term assets (¥1,714.3B) exceed its short term liabilities (¥1,465.4B).
Long Term Liabilities: 1802's short term assets (¥1,714.3B) exceed its long term liabilities (¥371.3B).
Debt to Equity History and Analysis
Debt Level: 1802's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 1802's debt to equity ratio has reduced from 42.2% to 36.3% over the past 5 years.
Debt Coverage: 1802's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 1802 earns more interest than it pays, so coverage of interest payments is not a concern.