Ocean System Corporation

TSE:3096 Stock Report

Market Cap: JP¥10.1b

Ocean System Balance Sheet Health

Financial Health criteria checks 6/6

Ocean System has a total shareholder equity of ¥10.7B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ¥23.1B and ¥12.4B respectively. Ocean System's EBIT is ¥1.9B making its interest coverage ratio 107.4. It has cash and short-term investments of ¥4.1B.

Key information

29.1%

Debt to equity ratio

JP¥3.10b

Debt

Interest coverage ratio107.4x
CashJP¥4.10b
EquityJP¥10.65b
Total liabilitiesJP¥12.41b
Total assetsJP¥23.06b

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

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 (¥10.1B) exceed its short term liabilities (¥8.1B).

Long Term Liabilities: 3096's short term assets (¥10.1B) exceed its long term liabilities (¥4.3B).

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 59.4% to 29.1% over the past 5 years.

Debt Coverage: 3096's debt is well covered by operating cash flow (111.6%).

Interest Coverage: 3096's interest payments on its debt are well covered by EBIT (107.4x coverage).

Balance Sheet

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