Ohba Balance Sheet Health
Financial Health criteria checks 6/6
Ohba has a total shareholder equity of ¥11.4B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥18.1B and ¥6.7B respectively. Ohba's EBIT is ¥1.9B making its interest coverage ratio -46.1. It has cash and short-term investments of ¥1.8B.
Key information
27.2%
Debt to equity ratio
JP¥3.10b
Debt
Interest coverage ratio | -46.1x |
Cash | JP¥1.81b |
Equity | JP¥11.40b |
Total liabilities | JP¥6.69b |
Total assets | JP¥18.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9765's short term assets (¥11.1B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 9765's short term assets (¥11.1B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 9765's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 9765's debt to equity ratio has reduced from 51% to 27.2% over the past 5 years.
Debt Coverage: 9765's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 9765 earns more interest than it pays, so coverage of interest payments is not a concern.