Open Up Group Balance Sheet Health
Financial Health criteria checks 6/6
Open Up Group has a total shareholder equity of ¥71.7B and total debt of ¥6.6B, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are ¥114.5B and ¥42.8B respectively. Open Up Group's EBIT is ¥15.2B making its interest coverage ratio 760.1. It has cash and short-term investments of ¥19.1B.
Key information
9.2%
Debt to equity ratio
JP¥6.57b
Debt
| Interest coverage ratio | 760.1x |
| Cash | JP¥19.15b |
| Equity | JP¥71.72b |
| Total liabilities | JP¥42.81b |
| Total assets | JP¥114.53b |
Recent financial health updates
Recent updates
Open Up Group (TSE:2154) Will Pay A Dividend Of ¥30.00
Nov 17
Open Up Group (TSE:2154) Will Pay A Dividend Of ¥30.00
Oct 10Shareholders Can Be Confident That Open Up Group's (TSE:2154) Earnings Are High Quality
Oct 03We Think Open Up Group (TSE:2154) Can Stay On Top Of Its Debt
Aug 04Open Up Group (TSE:2154) Has Announced That It Will Be Increasing Its Dividend To ¥35.00
May 12Open Up Group's (TSE:2154) Dividend Will Be Increased To ¥35.00
Apr 25Open Up Group's (TSE:2154) Dividend Will Be Increased To ¥35.00
Apr 11Open Up Group (TSE:2154) Will Pay A Larger Dividend Than Last Year At ¥35.00
Mar 28Open Up Group's (TSE:2154) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Financial Position Analysis
Short Term Liabilities: 2154's short term assets (¥49.1B) exceed its short term liabilities (¥38.5B).
Long Term Liabilities: 2154's short term assets (¥49.1B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 2154 has more cash than its total debt.
Reducing Debt: 2154's debt to equity ratio has reduced from 22.7% to 9.2% over the past 5 years.
Debt Coverage: 2154's debt is well covered by operating cash flow (230.5%).
Interest Coverage: 2154's interest payments on its debt are well covered by EBIT (760.1x coverage).