Obara Group Balance Sheet Health
Financial Health criteria checks 6/6
Obara Group has a total shareholder equity of ¥73.9B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥93.2B and ¥19.3B respectively. Obara Group's EBIT is ¥7.9B making its interest coverage ratio -15.2. It has cash and short-term investments of ¥38.1B.
Key information
1.5%
Debt to equity ratio
JP¥1.09b
Debt
Interest coverage ratio | -15.2x |
Cash | JP¥38.15b |
Equity | JP¥73.90b |
Total liabilities | JP¥19.34b |
Total assets | JP¥93.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6877's short term assets (¥74.3B) exceed its short term liabilities (¥14.6B).
Long Term Liabilities: 6877's short term assets (¥74.3B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 6877 has more cash than its total debt.
Reducing Debt: 6877's debt to equity ratio has reduced from 15.8% to 1.5% over the past 5 years.
Debt Coverage: 6877's debt is well covered by operating cash flow (488%).
Interest Coverage: 6877 earns more interest than it pays, so coverage of interest payments is not a concern.