Okuma Balance Sheet Health
Financial Health criteria checks 6/6
Okuma has a total shareholder equity of ¥240.5B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥300.2B and ¥59.7B respectively. Okuma's EBIT is ¥22.9B making its interest coverage ratio -18.4. It has cash and short-term investments of ¥60.9B.
Key information
2.1%
Debt to equity ratio
JP¥5.00b
Debt
| Interest coverage ratio | -18.4x |
| Cash | JP¥60.90b |
| Equity | JP¥240.49b |
| Total liabilities | JP¥59.68b |
| Total assets | JP¥300.17b |
Recent financial health updates
Recent updates
Is It Too Late To Consider Buying Okuma Corporation (TSE:6103)?
Aug 25
Okuma (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 (¥188.6B) exceed its short term liabilities (¥47.1B).
Long Term Liabilities: 6103's short term assets (¥188.6B) exceed its long term liabilities (¥12.6B).
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 reduced from 5.9% to 2.1% over the past 5 years.
Debt Coverage: 6103's debt is well covered by operating cash flow (105%).
Interest Coverage: 6103 earns more interest than it pays, so coverage of interest payments is not a concern.