Omikenshi Balance Sheet Health
Financial Health criteria checks 0/6
Omikenshi has a total shareholder equity of ¥2.1B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 344%. Its total assets and total liabilities are ¥15.7B and ¥13.6B respectively. Omikenshi's EBIT is ¥175.0M making its interest coverage ratio 0.8. It has cash and short-term investments of ¥923.0M.
Key information
344.0%
Debt to equity ratio
JP¥7.12b
Debt
| Interest coverage ratio | 0.8x |
| Cash | JP¥923.00m |
| Equity | JP¥2.07b |
| Total liabilities | JP¥13.62b |
| Total assets | JP¥15.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3111's short term assets (¥1.9B) do not cover its short term liabilities (¥2.9B).
Long Term Liabilities: 3111's short term assets (¥1.9B) do not cover its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: 3111's net debt to equity ratio (299.4%) is considered high.
Reducing Debt: 3111's debt to equity ratio has increased from 217% to 344% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3111 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3111 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.7% each year