Ohba Balance Sheet Health
Financial Health criteria checks 5/6
Ohba has a total shareholder equity of ¥12.5B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥16.2B and ¥3.7B respectively. Ohba's EBIT is ¥2.1B making its interest coverage ratio -44.4. It has cash and short-term investments of ¥1.6B.
Key information
4.0%
Debt to equity ratio
JP¥500.00m
Debt
| Interest coverage ratio | -44.4x |
| Cash | JP¥1.62b |
| Equity | JP¥12.48b |
| Total liabilities | JP¥3.73b |
| Total assets | JP¥16.21b |
Recent financial health updates
No updates
Recent updates
Ohba's (TSE:9765) Dividend Will Be ¥20.00
Oct 29
Ohba (TSE:9765) Has Announced A Dividend Of ¥20.00
Sep 19We Think That There Are Issues Underlying Ohba's (TSE:9765) Earnings
Jul 18Ohba (TSE:9765) Will Pay A Larger Dividend Than Last Year At ¥20.00
May 24Ohba's (TSE:9765) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Ohba (TSE:9765) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Apr 26Ohba's (TSE:9765) Dividend Will Be ¥17.00
Apr 11Financial Position Analysis
Short Term Liabilities: 9765's short term assets (¥8.1B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 9765's short term assets (¥8.1B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 9765 has more cash than its total debt.
Reducing Debt: 9765's debt to equity ratio has reduced from 8.9% to 4% over the past 5 years.
Debt Coverage: 9765's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9765 earns more interest than it pays, so coverage of interest payments is not a concern.