Olympic Group Balance Sheet Health
Financial Health criteria checks 2/6
Olympic Group has a total shareholder equity of ¥25.3B and total debt of ¥30.2B, which brings its debt-to-equity ratio to 119.3%. Its total assets and total liabilities are ¥71.5B and ¥46.2B respectively. Olympic Group's EBIT is ¥169.0M making its interest coverage ratio 0.9. It has cash and short-term investments of ¥4.8B.
Key information
119.3%
Debt to equity ratio
JP¥30.22b
Debt
| Interest coverage ratio | 0.9x |
| Cash | JP¥4.82b |
| Equity | JP¥25.33b |
| Total liabilities | JP¥46.18b |
| Total assets | JP¥71.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8289's short term assets (¥20.0B) do not cover its short term liabilities (¥29.5B).
Long Term Liabilities: 8289's short term assets (¥20.0B) exceed its long term liabilities (¥16.7B).
Debt to Equity History and Analysis
Debt Level: 8289's net debt to equity ratio (100.3%) is considered high.
Reducing Debt: 8289's debt to equity ratio has reduced from 121.5% to 119.3% over the past 5 years.
Debt Coverage: 8289's debt is not well covered by operating cash flow (5%).
Interest Coverage: 8289's interest payments on its debt are not well covered by EBIT (0.9x coverage).