STORAGE-OHLtd Balance Sheet Health
Financial Health criteria checks 3/6
STORAGE-OHLtd has a total shareholder equity of ¥968.0M and total debt of ¥2.8B, which brings its debt-to-equity ratio to 288.8%. Its total assets and total liabilities are ¥4.1B and ¥3.1B respectively. STORAGE-OHLtd's EBIT is ¥152.0M making its interest coverage ratio 25.3. It has cash and short-term investments of ¥706.0M.
Key information
288.8%
Debt to equity ratio
JP¥2.80b
Debt
Interest coverage ratio | 25.3x |
Cash | JP¥706.00m |
Equity | JP¥968.00m |
Total liabilities | JP¥3.09b |
Total assets | JP¥4.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2997's short term assets (¥3.4B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 2997's short term assets (¥3.4B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2997's net debt to equity ratio (215.9%) is considered high.
Reducing Debt: Insufficient data to determine if 2997's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2997's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2997's interest payments on its debt are well covered by EBIT (25.3x coverage).