Oomitsu Balance Sheet Health
Financial Health criteria checks 4/6
Oomitsu has a total shareholder equity of ¥6.0B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are ¥24.9B and ¥18.9B respectively. Oomitsu's EBIT is ¥904.0M making its interest coverage ratio 82.2. It has cash and short-term investments of ¥544.0M.
Key information
130.4%
Debt to equity ratio
JP¥7.85b
Debt
| Interest coverage ratio | 82.2x |
| Cash | JP¥544.00m |
| Equity | JP¥6.02b |
| Total liabilities | JP¥18.88b |
| Total assets | JP¥24.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3160's short term assets (¥13.7B) exceed its short term liabilities (¥13.0B).
Long Term Liabilities: 3160's short term assets (¥13.7B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 3160's net debt to equity ratio (121.3%) is considered high.
Reducing Debt: 3160's debt to equity ratio has increased from 106.3% to 130.4% over the past 5 years.
Debt Coverage: 3160's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 3160's interest payments on its debt are well covered by EBIT (82.2x coverage).