Open Up Group Balance Sheet Health
Financial Health criteria checks 6/6
Open Up Group has a total shareholder equity of ¥73.3B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥116.6B and ¥43.2B respectively. Open Up Group's EBIT is ¥14.3B making its interest coverage ratio -106.7. It has cash and short-term investments of ¥21.5B.
Key information
2.2%
Debt to equity ratio
JP¥1.64b
Debt
| Interest coverage ratio | -106.7x |
| Cash | JP¥21.51b |
| Equity | JP¥73.35b |
| Total liabilities | JP¥43.22b |
| Total assets | JP¥116.57b |
Recent financial health updates
Recent updates
We Think Open Up Group (TSE:2154) Can Stay On Top Of Its Debt
Aug 04
Open 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 (¥50.8B) exceed its short term liabilities (¥38.7B).
Long Term Liabilities: 2154's short term assets (¥50.8B) exceed its long term liabilities (¥4.5B).
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 19.7% to 2.2% over the past 5 years.
Debt Coverage: 2154's debt is well covered by operating cash flow (1172.2%).
Interest Coverage: 2154 earns more interest than it pays, so coverage of interest payments is not a concern.