Okumura Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Okumura Engineering has a total shareholder equity of ¥9.6B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥12.8B and ¥3.2B respectively. Okumura Engineering's EBIT is ¥763.0M making its interest coverage ratio 152.6. It has cash and short-term investments of ¥1.2B.
Key information
12.6%
Debt to equity ratio
JP¥1.22b
Debt
Interest coverage ratio | 152.6x |
Cash | JP¥1.22b |
Equity | JP¥9.63b |
Total liabilities | JP¥3.19b |
Total assets | JP¥12.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6229's short term assets (¥8.4B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 6229's short term assets (¥8.4B) exceed its long term liabilities (¥892.0M).
Debt to Equity History and Analysis
Debt Level: 6229 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6229's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6229's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6229's interest payments on its debt are well covered by EBIT (152.6x coverage).