Okasan Securities Group Balance Sheet Health
Financial Health criteria checks 3/6
Okasan Securities Group has a total shareholder equity of ¥203.2B and total debt of ¥428.9B, which brings its debt-to-equity ratio to 211%. Its total assets and total liabilities are ¥1,249.8B and ¥1,046.6B respectively.
Key information
211.0%
Debt to equity ratio
JP¥428.86b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥976.19b |
| Equity | JP¥203.21b |
| Total liabilities | JP¥1.05t |
| Total assets | JP¥1.25t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8609's short term assets (¥1,140.5B) exceed its short term liabilities (¥1,016.0B).
Long Term Liabilities: 8609's short term assets (¥1,140.5B) exceed its long term liabilities (¥30.6B).
Debt to Equity History and Analysis
Debt Level: 8609 has more cash than its total debt.
Reducing Debt: 8609's debt to equity ratio has increased from 84% to 211% over the past 5 years.
Debt Coverage: 8609's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8609's interest payments on its debt are well covered by EBIT.