Okuma Corporation

TSE:6103 Stock Report

Market Cap: JP¥194.8b

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
CashJP¥63.62b
EquityJP¥234.21b
Total liabilitiesJP¥66.78b
Total assetsJP¥300.99b

Recent financial health updates

Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly

Sep 20
Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly

We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Mar 13
We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Recent updates

Weak Statutory Earnings May Not Tell The Whole Story For Okuma (TSE:6103)

Nov 07
Weak Statutory Earnings May Not Tell The Whole Story For Okuma (TSE:6103)

Okuma Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Nov 02
Okuma Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

Sep 24
Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly

Sep 20
Here's Why Okuma (TSE:6103) Can Manage Its Debt Responsibly

Okuma (TSE:6103) Is Due To Pay A Dividend Of ¥100.00

Aug 29
Okuma (TSE:6103) Is Due To Pay A Dividend Of ¥100.00

Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?

Aug 25
Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?

Okuma (TSE:6103) Will Pay A Dividend Of ¥100.00

Aug 10
Okuma (TSE:6103) Will Pay A Dividend Of ¥100.00

Earnings Miss: Okuma Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts

Aug 08
Earnings Miss: Okuma Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts

Why Investors Shouldn't Be Surprised By Okuma Corporation's (TSE:6103) 28% Share Price Plunge

Aug 06
Why Investors Shouldn't Be Surprised By Okuma Corporation's (TSE:6103) 28% Share Price Plunge

Okuma (TSE:6103) Is Paying Out A Dividend Of ¥100.00

Jul 26
Okuma (TSE:6103) Is Paying Out A Dividend Of ¥100.00

Is Okuma Corporation (TSE:6103) Worth JP¥7.5k Based On Its Intrinsic Value?

Jul 25
Is Okuma Corporation (TSE:6103) Worth JP¥7.5k Based On Its Intrinsic Value?

Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

Jul 11
Okuma (TSE:6103) Has Affirmed Its Dividend Of ¥100.00

There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital

Jun 26
There Are Reasons To Feel Uneasy About Okuma's (TSE:6103) Returns On Capital

Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks

May 27
Okuma Corporation (TSE:6103) Might Not Be As Mispriced As It Looks

Calculating The Fair Value Of Okuma Corporation (TSE:6103)

Mar 29
Calculating The Fair Value Of Okuma Corporation (TSE:6103)

We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Mar 13
We Think Okuma (TSE:6103) Can Stay On Top Of Its Debt

Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00

Feb 27
Okuma (TSE:6103) Has Announced A Dividend Of ¥100.00

Financial 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.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:33
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Okuma Corporation is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenjin HottaBofA Global Research
Chika FukumotoCitigroup Inc
null nullCompany Forecast