Ocean System Corporation

TSE:3096 Stock Report

Market Cap: JP¥10.5b

Ocean System Balance Sheet Health

Financial Health criteria checks 6/6

Ocean System has a total shareholder equity of ¥11.0B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are ¥23.3B and ¥12.3B respectively. Ocean System's EBIT is ¥1.9B making its interest coverage ratio 106.9. It has cash and short-term investments of ¥4.3B.

Key information

26.4%

Debt to equity ratio

JP¥2.91b

Debt

Interest coverage ratio106.9x
CashJP¥4.34b
EquityJP¥11.03b
Total liabilitiesJP¥12.27b
Total assetsJP¥23.30b

Recent financial health updates

Ocean System (TYO:3096) Has A Pretty Healthy Balance Sheet

Feb 09
Ocean System (TYO:3096) Has A Pretty Healthy Balance Sheet

Recent updates

Ocean System's (TSE:3096) Solid Earnings Are Supported By Other Strong Factors

Nov 26
Ocean System's (TSE:3096) Solid Earnings Are Supported By Other Strong Factors

Statutory Profit Doesn't Reflect How Good Ocean System's (TSE:3096) Earnings Are

May 22
Statutory Profit Doesn't Reflect How Good Ocean System's (TSE:3096) Earnings Are

The Attractive Combination That Could Earn Ocean System Corporation (TYO:3096) A Place In Your Dividend Portfolio

Apr 22
The Attractive Combination That Could Earn Ocean System Corporation (TYO:3096) A Place In Your Dividend Portfolio

With EPS Growth And More, Ocean System (TYO:3096) Is Interesting

Apr 07
With EPS Growth And More, Ocean System (TYO:3096) Is Interesting

How Much Of Ocean System Corporation (TYO:3096) Do Insiders Own?

Mar 20
How Much Of Ocean System Corporation (TYO:3096) Do Insiders Own?

Can Ocean System (TYO:3096) Continue To Grow Its Returns On Capital?

Mar 07
Can Ocean System (TYO:3096) Continue To Grow Its Returns On Capital?

Can You Imagine How Ocean System's (TYO:3096) Shareholders Feel About The 34% Share Price Increase?

Feb 22
Can You Imagine How Ocean System's (TYO:3096) Shareholders Feel About The 34% Share Price Increase?

Ocean System (TYO:3096) Has A Pretty Healthy Balance Sheet

Feb 09
Ocean System (TYO:3096) Has A Pretty Healthy Balance Sheet

Ocean System Corporation (TYO:3096) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Jan 27
Ocean System Corporation (TYO:3096) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Is Ocean System Corporation (TYO:3096) An Attractive Dividend Stock?

Jan 14
Is Ocean System Corporation (TYO:3096) An Attractive Dividend Stock?

I Ran A Stock Scan For Earnings Growth And Ocean System (TYO:3096) Passed With Ease

Jan 01
I Ran A Stock Scan For Earnings Growth And Ocean System (TYO:3096) Passed With Ease

Here's What Ocean System Corporation's (TYO:3096) Shareholder Ownership Structure Looks Like

Dec 19
Here's What Ocean System Corporation's (TYO:3096) Shareholder Ownership Structure Looks Like

Will the Promising Trends At Ocean System (TYO:3096) Continue?

Dec 06
Will the Promising Trends At Ocean System (TYO:3096) Continue?

Ocean System (TYO:3096) Shareholders Have Enjoyed A 34% Share Price Gain

Nov 23
Ocean System (TYO:3096) Shareholders Have Enjoyed A 34% Share Price Gain

Financial Position Analysis

Short Term Liabilities: 3096's short term assets (¥10.3B) exceed its short term liabilities (¥8.2B).

Long Term Liabilities: 3096's short term assets (¥10.3B) exceed its long term liabilities (¥4.1B).

Debt to Equity History and Analysis

Debt Level: 3096 has more cash than its total debt.

Reducing Debt: 3096's debt to equity ratio has reduced from 55.1% to 26.4% over the past 5 years.

Debt Coverage: 3096's debt is well covered by operating cash flow (80.9%).

Interest Coverage: 3096's interest payments on its debt are well covered by EBIT (106.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/23 18:15
End of Day Share Price 2025/01/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ocean System Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution