Open Up Group Balance Sheet Health
Financial Health criteria checks 6/6
Open Up Group has a total shareholder equity of ¥68.1B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥104.4B and ¥36.3B respectively. Open Up Group's EBIT is ¥12.5B making its interest coverage ratio 358.1. It has cash and short-term investments of ¥21.4B.
Key information
1.8%
Debt to equity ratio
JP¥1.21b
Debt
Interest coverage ratio | 358.1x |
Cash | JP¥21.40b |
Equity | JP¥68.08b |
Total liabilities | JP¥36.29b |
Total assets | JP¥104.37b |
Recent financial health updates
No updates
Recent updates
Open 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 (¥48.2B) exceed its short term liabilities (¥30.2B).
Long Term Liabilities: 2154's short term assets (¥48.2B) exceed its long term liabilities (¥6.1B).
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 31.4% to 1.8% over the past 5 years.
Debt Coverage: 2154's debt is well covered by operating cash flow (1381.8%).
Interest Coverage: 2154's interest payments on its debt are well covered by EBIT (358.1x coverage).