ODK Solutions Company Balance Sheet Health
Financial Health criteria checks 5/6
ODK Solutions Company has a total shareholder equity of ¥6.1B and total debt of ¥776.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are ¥8.7B and ¥2.6B respectively. ODK Solutions Company's EBIT is ¥574.0M making its interest coverage ratio -20.5. It has cash and short-term investments of ¥2.9B.
Key information
12.8%
Debt to equity ratio
JP¥776.00m
Debt
Interest coverage ratio | -20.5x |
Cash | JP¥2.86b |
Equity | JP¥6.05b |
Total liabilities | JP¥2.64b |
Total assets | JP¥8.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3839's short term assets (¥5.4B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 3839's short term assets (¥5.4B) exceed its long term liabilities (¥936.0M).
Debt to Equity History and Analysis
Debt Level: 3839 has more cash than its total debt.
Reducing Debt: 3839's debt to equity ratio has increased from 8.3% to 12.8% over the past 5 years.
Debt Coverage: 3839's debt is well covered by operating cash flow (120.5%).
Interest Coverage: 3839 earns more interest than it pays, so coverage of interest payments is not a concern.