OhmoriyaLtd Balance Sheet Health
Financial Health criteria checks 4/6
OhmoriyaLtd has a total shareholder equity of ¥11.7B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥15.7B and ¥4.0B respectively. OhmoriyaLtd's EBIT is ¥270.0M making its interest coverage ratio -67.5. It has cash and short-term investments of ¥1.1B.
Key information
12.6%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | -67.5x |
| Cash | JP¥1.09b |
| Equity | JP¥11.66b |
| Total liabilities | JP¥4.05b |
| Total assets | JP¥15.71b |
Recent financial health updates
OhmoriyaLtd (TYO:2917) Has A Pretty Healthy Balance Sheet
Mar 28
Is 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 (¥12.4B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 2917's short term assets (¥12.4B) exceed its long term liabilities (¥646.0M).
Debt to Equity History and Analysis
Debt Level: 2917's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 2917's debt to equity ratio has increased from 2.9% to 12.6% 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.