OUG Holdings Balance Sheet Health
Financial Health criteria checks 5/6
OUG Holdings has a total shareholder equity of ¥28.7B and total debt of ¥33.6B, which brings its debt-to-equity ratio to 117.2%. Its total assets and total liabilities are ¥107.0B and ¥78.3B respectively. OUG Holdings's EBIT is ¥3.0B making its interest coverage ratio 234.2. It has cash and short-term investments of ¥3.3B.
Key information
117.2%
Debt to equity ratio
JP¥33.60b
Debt
Interest coverage ratio | 234.2x |
Cash | JP¥3.32b |
Equity | JP¥28.66b |
Total liabilities | JP¥78.34b |
Total assets | JP¥107.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8041's short term assets (¥87.5B) exceed its short term liabilities (¥68.9B).
Long Term Liabilities: 8041's short term assets (¥87.5B) exceed its long term liabilities (¥9.5B).
Debt to Equity History and Analysis
Debt Level: 8041's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: 8041's debt to equity ratio has reduced from 161.4% to 117.2% over the past 5 years.
Debt Coverage: 8041's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 8041's interest payments on its debt are well covered by EBIT (234.2x coverage).