Okano Valve Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Okano Valve Mfg.Co.Ltd has a total shareholder equity of ¥10.9B and total debt of ¥936.0M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are ¥13.6B and ¥2.7B respectively. Okano Valve Mfg.Co.Ltd's EBIT is ¥1.6B making its interest coverage ratio -173. It has cash and short-term investments of ¥4.5B.
Key information
8.6%
Debt to equity ratio
JP¥936.00m
Debt
| Interest coverage ratio | -173x |
| Cash | JP¥4.52b |
| Equity | JP¥10.87b |
| Total liabilities | JP¥2.71b |
| Total assets | JP¥13.58b |
Recent financial health updates
Recent updates
Further Upside For Okano Valve Mfg.Co.Ltd. (TSE:6492) Shares Could Introduce Price Risks After 31% Bounce
Dec 23
Market Might Still Lack Some Conviction On Okano Valve Mfg.Co.Ltd. (TSE:6492) Even After 27% Share Price Boost
Oct 06Okano Valve Mfg.Co.Ltd (TSE:6492) Is Experiencing Growth In Returns On Capital
Sep 25Okano Valve Mfg.Co.Ltd. (TSE:6492) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05Market Might Still Lack Some Conviction On Okano Valve Mfg.Co.Ltd. (TSE:6492) Even After 27% Share Price Boost
Apr 10Does Okano Valve Mfg.Co.Ltd (TSE:6492) Have A Healthy Balance Sheet?
Mar 26Financial Position Analysis
Short Term Liabilities: 6492's short term assets (¥8.9B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 6492's short term assets (¥8.9B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 6492 has more cash than its total debt.
Reducing Debt: 6492's debt to equity ratio has reduced from 28% to 8.6% over the past 5 years.
Debt Coverage: 6492's debt is well covered by operating cash flow (227.1%).
Interest Coverage: 6492 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:13 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Okano Valve Mfg.Co.Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryo Tazaki | Nomura Securities Co. Ltd. |