Oriental Chain Mfg Balance Sheet Health
Financial Health criteria checks 3/6
Oriental Chain Mfg has a total shareholder equity of ¥1.7B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are ¥4.5B and ¥2.8B respectively. Oriental Chain Mfg's EBIT is ¥162.0M making its interest coverage ratio 27. It has cash and short-term investments of ¥466.0M.
Key information
85.0%
Debt to equity ratio
JP¥1.41b
Debt
Interest coverage ratio | 27x |
Cash | JP¥466.00m |
Equity | JP¥1.66b |
Total liabilities | JP¥2.82b |
Total assets | JP¥4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6380's short term assets (¥2.7B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 6380's short term assets (¥2.7B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 6380's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 6380's debt to equity ratio has increased from 68.9% to 85% over the past 5 years.
Debt Coverage: 6380's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 6380's interest payments on its debt are well covered by EBIT (27x coverage).