OhmoriLtd Balance Sheet Health
Financial Health criteria checks 6/6
OhmoriLtd has a total shareholder equity of ¥5.6B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are ¥11.9B and ¥6.3B respectively. OhmoriLtd's EBIT is ¥622.0M making its interest coverage ratio 19.4. It has cash and short-term investments of ¥3.4B.
Key information
71.2%
Debt to equity ratio
JP¥4.00b
Debt
| Interest coverage ratio | 19.4x |
| Cash | JP¥3.45b |
| Equity | JP¥5.62b |
| Total liabilities | JP¥6.31b |
| Total assets | JP¥11.93b |
Recent financial health updates
Recent updates
We Think OhmoriLtd's (TSE:1844) Solid Earnings Are Understated
Sep 20
Lacklustre Performance Is Driving Ohmori Co.,Ltd.'s (TSE:1844) 33% Price Drop
Aug 06OhmoriLtd (TSE:1844) Has A Pretty Healthy Balance Sheet
Jul 30Weak Statutory Earnings May Not Tell The Whole Story For OhmoriLtd (TSE:1844)
Mar 19Ohmori Co.,Ltd. (TSE:1844) Could Be Riskier Than It Looks
Mar 12Financial Position Analysis
Short Term Liabilities: 1844's short term assets (¥10.9B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 1844's short term assets (¥10.9B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 1844's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 1844's debt to equity ratio has reduced from 78.1% to 71.2% over the past 5 years.
Debt Coverage: 1844's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 1844's interest payments on its debt are well covered by EBIT (19.4x coverage).