Okuwa Balance Sheet Health
Financial Health criteria checks 5/6
Okuwa has a total shareholder equity of ¥77.7B and total debt of ¥19.7B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ¥131.0B and ¥53.3B respectively. Okuwa's EBIT is ¥2.8B making its interest coverage ratio 142.2. It has cash and short-term investments of ¥12.5B.
Key information
25.4%
Debt to equity ratio
JP¥19.73b
Debt
| Interest coverage ratio | 142.2x |
| Cash | JP¥12.51b |
| Equity | JP¥77.68b |
| Total liabilities | JP¥53.34b |
| Total assets | JP¥131.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8217's short term assets (¥31.4B) do not cover its short term liabilities (¥36.8B).
Long Term Liabilities: 8217's short term assets (¥31.4B) exceed its long term liabilities (¥16.5B).
Debt to Equity History and Analysis
Debt Level: 8217's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 8217's debt to equity ratio has reduced from 27.4% to 25.4% over the past 5 years.
Debt Coverage: 8217's debt is well covered by operating cash flow (49.1%).
Interest Coverage: 8217's interest payments on its debt are well covered by EBIT (142.2x coverage).