Okumura Balance Sheet Health
Financial Health criteria checks 4/6
Okumura has a total shareholder equity of ¥181.4B and total debt of ¥46.4B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ¥358.9B and ¥177.5B respectively. Okumura's EBIT is ¥13.0B making its interest coverage ratio -19.5. It has cash and short-term investments of ¥25.6B.
Key information
25.6%
Debt to equity ratio
JP¥46.37b
Debt
Interest coverage ratio | -19.5x |
Cash | JP¥25.62b |
Equity | JP¥181.43b |
Total liabilities | JP¥177.52b |
Total assets | JP¥358.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1833's short term assets (¥204.6B) exceed its short term liabilities (¥134.1B).
Long Term Liabilities: 1833's short term assets (¥204.6B) exceed its long term liabilities (¥43.4B).
Debt to Equity History and Analysis
Debt Level: 1833's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 1833's debt to equity ratio has increased from 9.1% to 25.6% over the past 5 years.
Debt Coverage: 1833's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 1833 earns more interest than it pays, so coverage of interest payments is not a concern.