Okada Aiyon Balance Sheet Health
Financial Health criteria checks 4/6
Okada Aiyon has a total shareholder equity of ¥16.0B and total debt of ¥10.3B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are ¥34.0B and ¥18.0B respectively. Okada Aiyon's EBIT is ¥2.7B making its interest coverage ratio 25. It has cash and short-term investments of ¥4.5B.
Key information
64.2%
Debt to equity ratio
JP¥10.28b
Debt
Interest coverage ratio | 25x |
Cash | JP¥4.47b |
Equity | JP¥16.02b |
Total liabilities | JP¥17.99b |
Total assets | JP¥34.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6294's short term assets (¥23.5B) exceed its short term liabilities (¥16.1B).
Long Term Liabilities: 6294's short term assets (¥23.5B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6294's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: 6294's debt to equity ratio has increased from 46% to 64.2% over the past 5 years.
Debt Coverage: 6294's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 6294's interest payments on its debt are well covered by EBIT (25x coverage).