Okuma Balance Sheet Health
Financial Health criteria checks 5/6
Okuma has a total shareholder equity of ¥234.2B and total debt of ¥10.0B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥301.0B and ¥66.8B respectively. Okuma's EBIT is ¥19.0B making its interest coverage ratio -14.2. It has cash and short-term investments of ¥63.6B.
Key information
4.3%
Debt to equity ratio
JP¥10.00b
Debt
| Interest coverage ratio | -14.2x |
| Cash | JP¥63.62b |
| Equity | JP¥234.21b |
| Total liabilities | JP¥66.78b |
| Total assets | JP¥300.99b |
Recent financial health updates
Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly
Sep 20
We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt
Mar 13Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Okuma (TSE:6103)
Nov 07Okuma Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00
Sep 24Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly
Sep 20Okuma (TSE:6103) Is Due To Pay A Dividend Of ¥100.00
Aug 29Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?
Aug 25Okuma (TSE:6103) Will Pay A Dividend Of ¥100.00
Aug 10Earnings Miss: Okuma Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts
Aug 08Why Investors Shouldn't Be Surprised By Okuma Corporation's (TSE:6103) 28% Share Price Plunge
Aug 06Okuma (TSE:6103) Is Paying Out A Dividend Of ¥100.00
Jul 26Is Okuma Corporation (TSE:6103) Worth JP¥7.5k Based On Its Intrinsic Value?
Jul 25Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00
Jul 11There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital
Jun 26Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks
May 27Calculating The Fair Value Of Okuma Corporation (TSE:6103)
Mar 29We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt
Mar 13Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6103's short term assets (¥190.2B) exceed its short term liabilities (¥50.8B).
Long Term Liabilities: 6103's short term assets (¥190.2B) exceed its long term liabilities (¥15.9B).
Debt to Equity History and Analysis
Debt Level: 6103 has more cash than its total debt.
Reducing Debt: 6103's debt to equity ratio has increased from 2.9% to 4.3% over the past 5 years.
Debt Coverage: 6103's debt is well covered by operating cash flow (298.8%).
Interest Coverage: 6103 earns more interest than it pays, so coverage of interest payments is not a concern.