Onodani MachineLtd Balance Sheet Health
Financial Health criteria checks 4/6
Onodani MachineLtd has a total shareholder equity of ¥4.4B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are ¥9.1B and ¥4.7B respectively. Onodani MachineLtd's EBIT is ¥281.0M making its interest coverage ratio 20.1. It has cash and short-term investments of ¥530.0M.
Key information
52.0%
Debt to equity ratio
JP¥2.29b
Debt
| Interest coverage ratio | 20.1x |
| Cash | JP¥530.00m |
| Equity | JP¥4.40b |
| Total liabilities | JP¥4.66b |
| Total assets | JP¥9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 209A's short term assets (¥3.3B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 209A's short term assets (¥3.3B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 209A's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 209A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 209A's debt is well covered by operating cash flow.
Interest Coverage: 209A's interest payments on its debt are well covered by EBIT (20.1x coverage).