O-Well Balance Sheet Health
Financial Health criteria checks 6/6
O-Well has a total shareholder equity of ¥21.0B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are ¥47.0B and ¥25.9B respectively. O-Well's EBIT is ¥953.0M making its interest coverage ratio -4.6. It has cash and short-term investments of ¥5.7B.
Key information
21.4%
Debt to equity ratio
JP¥4.50b
Debt
| Interest coverage ratio | -4.6x |
| Cash | JP¥5.73b |
| Equity | JP¥21.02b |
| Total liabilities | JP¥25.94b |
| Total assets | JP¥46.95b |
Financial Position Analysis
Short Term Liabilities: 7670's short term assets (¥29.9B) exceed its short term liabilities (¥21.2B).
Long Term Liabilities: 7670's short term assets (¥29.9B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 7670 has more cash than its total debt.
Reducing Debt: 7670's debt to equity ratio has reduced from 26.2% to 21.4% over the past 5 years.
Debt Coverage: 7670's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 7670 earns more interest than it pays, so coverage of interest payments is not a concern.