OhmoriyaLtd Balance Sheet Health
Financial Health criteria checks 5/6
OhmoriyaLtd has a total shareholder equity of ¥11.7B and total debt of ¥302.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥15.4B and ¥3.7B respectively. OhmoriyaLtd's EBIT is ¥424.0M making its interest coverage ratio -60.6. It has cash and short-term investments of ¥3.0B.
Key information
2.6%
Debt to equity ratio
JP¥302.00m
Debt
Interest coverage ratio | -60.6x |
Cash | JP¥2.99b |
Equity | JP¥11.68b |
Total liabilities | JP¥3.74b |
Total assets | JP¥15.42b |
Recent financial health updates
OhmoriyaLtd (TYO:2917) Has A Pretty Healthy Balance Sheet
Mar 28Is OhmoriyaLtd (TYO:2917) A Risky Investment?
Dec 27Recent updates
OhmoriyaLtd (TYO:2917) Is Doing The Right Things To Multiply Its Share Price
Apr 25OhmoriyaLtd (TYO:2917) Has A Pretty Healthy Balance Sheet
Mar 28Should You Buy Ohmoriya Co.,Ltd. (TYO:2917) For Its 1.9% Dividend?
Feb 16Will The ROCE Trend At OhmoriyaLtd (TYO:2917) Continue?
Jan 21Is OhmoriyaLtd (TYO:2917) A Risky Investment?
Dec 27Does OhmoriyaLtd's (TYO:2917) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 06Financial Position Analysis
Short Term Liabilities: 2917's short term assets (¥12.3B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 2917's short term assets (¥12.3B) exceed its long term liabilities (¥691.0M).
Debt to Equity History and Analysis
Debt Level: 2917 has more cash than its total debt.
Reducing Debt: 2917's debt to equity ratio has reduced from 3.4% to 2.6% over the past 5 years.
Debt Coverage: 2917's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2917 earns more interest than it pays, so coverage of interest payments is not a concern.