Oomitsu Balance Sheet Health
Financial Health criteria checks 4/6
Oomitsu has a total shareholder equity of ¥6.1B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are ¥23.8B and ¥17.7B respectively. Oomitsu's EBIT is ¥1.1B making its interest coverage ratio 154.9. It has cash and short-term investments of ¥685.0M.
Key information
115.6%
Debt to equity ratio
JP¥7.02b
Debt
| Interest coverage ratio | 154.9x |
| Cash | JP¥685.00m |
| Equity | JP¥6.07b |
| Total liabilities | JP¥17.72b |
| Total assets | JP¥23.79b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3160's short term assets (¥12.8B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 3160's short term assets (¥12.8B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 3160's net debt to equity ratio (104.4%) is considered high.
Reducing Debt: 3160's debt to equity ratio has increased from 104.4% to 115.6% over the past 5 years.
Debt Coverage: 3160's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 3160's interest payments on its debt are well covered by EBIT (154.9x coverage).