Open House Group Co., Ltd.

TSE:3288 Stock Report

Market Cap: JP¥646.6b

Open House Group Balance Sheet Health

Financial Health criteria checks 5/6

Open House Group has a total shareholder equity of ¥535.9B and total debt of ¥611.8B, which brings its debt-to-equity ratio to 114.2%. Its total assets and total liabilities are ¥1,282.1B and ¥746.2B respectively. Open House Group's EBIT is ¥119.1B making its interest coverage ratio 45.6. It has cash and short-term investments of ¥410.0B.

Key information

114.2%

Debt to equity ratio

JP¥611.77b

Debt

Interest coverage ratio45.6x
CashJP¥409.96b
EquityJP¥535.92b
Total liabilitiesJP¥746.17b
Total assetsJP¥1.28t

Recent financial health updates

Recent updates

We Think You Should Be Aware Of Some Concerning Factors In Open House Group's (TSE:3288) Earnings

Nov 22
We Think You Should Be Aware Of Some Concerning Factors In Open House Group's (TSE:3288) Earnings

Some Investors May Be Worried About Open House Group's (TSE:3288) Returns On Capital

Jul 13
Some Investors May Be Worried About Open House Group's (TSE:3288) Returns On Capital

Open House Group (TSE:3288) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 22
Open House Group (TSE:3288) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Benign Growth For Open House Group Co., Ltd. (TSE:3288) Underpins Its Share Price

May 13
Benign Growth For Open House Group Co., Ltd. (TSE:3288) Underpins Its Share Price

Here's Why Open House Group (TSE:3288) Can Manage Its Debt Responsibly

Apr 26
Here's Why Open House Group (TSE:3288) Can Manage Its Debt Responsibly

Open House Group (TSE:3288) Has Some Way To Go To Become A Multi-Bagger

Mar 15
Open House Group (TSE:3288) Has Some Way To Go To Become A Multi-Bagger

Open House Group (TSE:3288) Will Pay A Dividend Of ¥83.00

Feb 26
Open House Group (TSE:3288) Will Pay A Dividend Of ¥83.00

Financial Position Analysis

Short Term Liabilities: 3288's short term assets (¥1,198.6B) exceed its short term liabilities (¥348.7B).

Long Term Liabilities: 3288's short term assets (¥1,198.6B) exceed its long term liabilities (¥397.5B).


Debt to Equity History and Analysis

Debt Level: 3288's net debt to equity ratio (37.7%) is considered satisfactory.

Reducing Debt: 3288's debt to equity ratio has reduced from 179.9% to 114.2% over the past 5 years.

Debt Coverage: 3288's debt is not well covered by operating cash flow (17.1%).

Interest Coverage: 3288's interest payments on its debt are well covered by EBIT (45.6x coverage).


Balance Sheet


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