Oie Sangyo Balance Sheet Health
Financial Health criteria checks 6/6
Oie Sangyo has a total shareholder equity of ¥12.5B and total debt of ¥263.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥38.7B and ¥26.2B respectively. Oie Sangyo's EBIT is ¥2.9B making its interest coverage ratio -289.7. It has cash and short-term investments of ¥4.9B.
Key information
2.1%
Debt to equity ratio
JP¥263.00m
Debt
Interest coverage ratio | -289.7x |
Cash | JP¥4.90b |
Equity | JP¥12.47b |
Total liabilities | JP¥26.25b |
Total assets | JP¥38.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7481's short term assets (¥28.2B) exceed its short term liabilities (¥23.4B).
Long Term Liabilities: 7481's short term assets (¥28.2B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 7481 has more cash than its total debt.
Reducing Debt: 7481's debt to equity ratio has reduced from 7.8% to 2.1% over the past 5 years.
Debt Coverage: 7481's debt is well covered by operating cash flow (951.7%).
Interest Coverage: 7481 earns more interest than it pays, so coverage of interest payments is not a concern.