Okada Aiyon Balance Sheet Health
Financial Health criteria checks 3/6
Okada Aiyon has a total shareholder equity of ¥16.0B and total debt of ¥10.7B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ¥34.0B and ¥18.0B respectively. Okada Aiyon's EBIT is ¥2.9B making its interest coverage ratio 24.9. It has cash and short-term investments of ¥3.9B.
Key information
66.8%
Debt to equity ratio
JP¥10.66b
Debt
Interest coverage ratio | 24.9x |
Cash | JP¥3.94b |
Equity | JP¥15.95b |
Total liabilities | JP¥18.00b |
Total assets | JP¥33.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6294's short term assets (¥23.4B) exceed its short term liabilities (¥15.8B).
Long Term Liabilities: 6294's short term assets (¥23.4B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6294's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 6294's debt to equity ratio has increased from 47.8% to 66.8% over the past 5 years.
Debt Coverage: 6294's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 6294's interest payments on its debt are well covered by EBIT (24.9x coverage).