Ochi Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ochi Holdings has a total shareholder equity of ¥23.3B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ¥66.3B and ¥43.0B respectively. Ochi Holdings's EBIT is ¥2.1B making its interest coverage ratio -49.6. It has cash and short-term investments of ¥14.6B.
Key information
26.3%
Debt to equity ratio
JP¥6.13b
Debt
Interest coverage ratio | -49.6x |
Cash | JP¥14.60b |
Equity | JP¥23.34b |
Total liabilities | JP¥42.99b |
Total assets | JP¥66.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3166's short term assets (¥43.9B) exceed its short term liabilities (¥37.9B).
Long Term Liabilities: 3166's short term assets (¥43.9B) exceed its long term liabilities (¥5.1B).
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 44.3% to 26.3% over the past 5 years.
Debt Coverage: 3166's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 3166 earns more interest than it pays, so coverage of interest payments is not a concern.