Okamura Balance Sheet Health
Financial Health criteria checks 6/6
Okamura has a total shareholder equity of ¥174.8B and total debt of ¥20.9B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ¥282.1B and ¥107.3B respectively. Okamura's EBIT is ¥24.0B making its interest coverage ratio -28.1. It has cash and short-term investments of ¥39.2B.
Key information
11.9%
Debt to equity ratio
JP¥20.86b
Debt
Interest coverage ratio | -28.1x |
Cash | JP¥39.17b |
Equity | JP¥174.79b |
Total liabilities | JP¥107.32b |
Total assets | JP¥282.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7994's short term assets (¥145.0B) exceed its short term liabilities (¥76.3B).
Long Term Liabilities: 7994's short term assets (¥145.0B) exceed its long term liabilities (¥31.0B).
Debt to Equity History and Analysis
Debt Level: 7994 has more cash than its total debt.
Reducing Debt: 7994's debt to equity ratio has reduced from 17.3% to 11.9% over the past 5 years.
Debt Coverage: 7994's debt is well covered by operating cash flow (102.3%).
Interest Coverage: 7994 earns more interest than it pays, so coverage of interest payments is not a concern.