OhmoriLtd Balance Sheet Health
Financial Health criteria checks 4/6
OhmoriLtd has a total shareholder equity of ¥5.6B and total debt of ¥4.3B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are ¥11.3B and ¥5.7B respectively. OhmoriLtd's EBIT is ¥580.0M making its interest coverage ratio 18.1. It has cash and short-term investments of ¥3.2B.
Key information
77.9%
Debt to equity ratio
JP¥4.34b
Debt
| Interest coverage ratio | 18.1x |
| Cash | JP¥3.19b |
| Equity | JP¥5.57b |
| Total liabilities | JP¥5.73b |
| Total assets | JP¥11.30b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1844's short term assets (¥10.2B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 1844's short term assets (¥10.2B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 1844's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 1844's debt to equity ratio has increased from 68.5% to 77.9% over the past 5 years.
Debt Coverage: 1844's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1844's interest payments on its debt are well covered by EBIT (18.1x coverage).