Oriental Chain Mfg Balance Sheet Health
Financial Health criteria checks 3/6
Oriental Chain Mfg has a total shareholder equity of ¥1.8B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ¥4.9B and ¥3.1B respectively. Oriental Chain Mfg's EBIT is ¥170.0M making its interest coverage ratio 24.3. It has cash and short-term investments of ¥367.0M.
Key information
97.2%
Debt to equity ratio
JP¥1.70b
Debt
| Interest coverage ratio | 24.3x |
| Cash | JP¥367.00m |
| Equity | JP¥1.75b |
| Total liabilities | JP¥3.10b |
| Total assets | JP¥4.85b |
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 (¥1.9B).
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 (76.2%) is considered high.
Reducing Debt: 6380's debt to equity ratio has increased from 72.7% to 97.2% over the past 5 years.
Debt Coverage: 6380's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 6380's interest payments on its debt are well covered by EBIT (24.3x coverage).