Oomitsu Balance Sheet Health
Financial Health criteria checks 3/6
Oomitsu has a total shareholder equity of ¥5.7B and total debt of ¥7.3B, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are ¥22.9B and ¥17.2B respectively. Oomitsu's EBIT is ¥1.0B making its interest coverage ratio 505.5. It has cash and short-term investments of ¥978.0M.
Key information
129.2%
Debt to equity ratio
JP¥7.34b
Debt
Interest coverage ratio | 505.5x |
Cash | JP¥978.00m |
Equity | JP¥5.68b |
Total liabilities | JP¥17.18b |
Total assets | JP¥22.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3160's short term assets (¥12.2B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 3160's short term assets (¥12.2B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 3160's net debt to equity ratio (112%) is considered high.
Reducing Debt: 3160's debt to equity ratio has increased from 126.2% to 129.2% over the past 5 years.
Debt Coverage: 3160's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 3160's interest payments on its debt are well covered by EBIT (505.5x coverage).