Okumura Balance Sheet Health
Financial Health criteria checks 4/6
Okumura has a total shareholder equity of ¥185.6B and total debt of ¥38.1B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ¥362.2B and ¥176.7B respectively. Okumura's EBIT is ¥12.5B making its interest coverage ratio -16.6. It has cash and short-term investments of ¥16.2B.
Key information
20.5%
Debt to equity ratio
JP¥38.05b
Debt
| Interest coverage ratio | -16.6x |
| Cash | JP¥16.21b |
| Equity | JP¥185.58b |
| Total liabilities | JP¥176.65b |
| Total assets | JP¥362.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1833's short term assets (¥197.7B) exceed its short term liabilities (¥130.8B).
Long Term Liabilities: 1833's short term assets (¥197.7B) exceed its long term liabilities (¥45.8B).
Debt to Equity History and Analysis
Debt Level: 1833's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 1833's debt to equity ratio has increased from 9.9% to 20.5% over the past 5 years.
Debt Coverage: 1833's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1833 earns more interest than it pays, so coverage of interest payments is not a concern.