STORAGE-OHLtd Balance Sheet Health
Financial Health criteria checks 3/6
STORAGE-OHLtd has a total shareholder equity of ¥929.0M and total debt of ¥3.1B, which brings its debt-to-equity ratio to 330.9%. Its total assets and total liabilities are ¥4.3B and ¥3.4B respectively. STORAGE-OHLtd's EBIT is ¥154.0M making its interest coverage ratio 19.3. It has cash and short-term investments of ¥431.0M.
Key information
330.9%
Debt to equity ratio
JP¥3.07b
Debt
| Interest coverage ratio | 19.3x |
| Cash | JP¥431.00m |
| Equity | JP¥929.00m |
| Total liabilities | JP¥3.36b |
| Total assets | JP¥4.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2997's short term assets (¥3.6B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 2997's short term assets (¥3.6B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 2997's net debt to equity ratio (284.5%) 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 (19.3x coverage).