Penta-Ocean Construction Balance Sheet Health
Financial Health criteria checks 3/6
Penta-Ocean Construction has a total shareholder equity of ¥170.5B and total debt of ¥127.5B, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are ¥561.6B and ¥391.0B respectively. Penta-Ocean Construction's EBIT is ¥29.3B making its interest coverage ratio 20.3. It has cash and short-term investments of ¥55.2B.
Key information
74.8%
Debt to equity ratio
JP¥127.49b
Debt
| Interest coverage ratio | 20.3x |
| Cash | JP¥55.15b |
| Equity | JP¥170.52b |
| Total liabilities | JP¥391.05b |
| Total assets | JP¥561.57b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1893's short term assets (¥422.8B) exceed its short term liabilities (¥311.8B).
Long Term Liabilities: 1893's short term assets (¥422.8B) exceed its long term liabilities (¥79.2B).
Debt to Equity History and Analysis
Debt Level: 1893's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: 1893's debt to equity ratio has increased from 50.7% to 74.8% over the past 5 years.
Debt Coverage: 1893's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 1893's interest payments on its debt are well covered by EBIT (20.3x coverage).