Ochi Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ochi Holdings has a total shareholder equity of ¥23.5B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ¥65.5B and ¥42.1B respectively. Ochi Holdings's EBIT is ¥1.6B making its interest coverage ratio -42.8. It has cash and short-term investments of ¥16.2B.
Key information
29.2%
Debt to equity ratio
JP¥6.84b
Debt
| Interest coverage ratio | -42.8x |
| Cash | JP¥16.22b |
| Equity | JP¥23.47b |
| Total liabilities | JP¥42.05b |
| Total assets | JP¥65.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3166's short term assets (¥43.8B) exceed its short term liabilities (¥36.1B).
Long Term Liabilities: 3166's short term assets (¥43.8B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 3166 has more cash than its total debt.
Reducing Debt: 3166's debt to equity ratio has reduced from 39.4% to 29.2% over the past 5 years.
Debt Coverage: 3166's debt is well covered by operating cash flow (41.1%).
Interest Coverage: 3166 earns more interest than it pays, so coverage of interest payments is not a concern.