Okasan Securities Group Balance Sheet Health
Financial Health criteria checks 3/6
Okasan Securities Group has a total shareholder equity of ¥214.2B and total debt of ¥366.8B, which brings its debt-to-equity ratio to 171.3%. Its total assets and total liabilities are ¥1,207.8B and ¥993.6B respectively.
Key information
171.3%
Debt to equity ratio
JP¥366.77b
Debt
Interest coverage ratio | n/a |
Cash | JP¥482.54b |
Equity | JP¥214.16b |
Total liabilities | JP¥993.62b |
Total assets | JP¥1.21t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8609's short term assets (¥1,091.8B) exceed its short term liabilities (¥960.5B).
Long Term Liabilities: 8609's short term assets (¥1,091.8B) exceed its long term liabilities (¥33.1B).
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 45.7% to 171.3% 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.