Okada Aiyon Balance Sheet Health
Financial Health criteria checks 4/6
Okada Aiyon has a total shareholder equity of ¥16.1B and total debt of ¥10.8B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are ¥35.2B and ¥19.1B respectively. Okada Aiyon's EBIT is ¥2.7B making its interest coverage ratio 25. It has cash and short-term investments of ¥4.7B.
Key information
67.1%
Debt to equity ratio
JP¥10.80b
Debt
Interest coverage ratio | 25x |
Cash | JP¥4.68b |
Equity | JP¥16.11b |
Total liabilities | JP¥19.08b |
Total assets | JP¥35.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6294's short term assets (¥24.5B) exceed its short term liabilities (¥17.3B).
Long Term Liabilities: 6294's short term assets (¥24.5B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 6294's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 6294's debt to equity ratio has increased from 45.4% to 67.1% over the past 5 years.
Debt Coverage: 6294's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 6294's interest payments on its debt are well covered by EBIT (25x coverage).