Okamura Foods Balance Sheet Health
Financial Health criteria checks 3/6
Okamura Foods has a total shareholder equity of ¥15.3B and total debt of ¥18.5B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are ¥41.1B and ¥25.8B respectively. Okamura Foods's EBIT is ¥2.6B making its interest coverage ratio 12.8. It has cash and short-term investments of ¥7.4B.
Key information
121.0%
Debt to equity ratio
JP¥18.48b
Debt
| Interest coverage ratio | 12.8x |
| Cash | JP¥7.37b |
| Equity | JP¥15.27b |
| Total liabilities | JP¥25.85b |
| Total assets | JP¥41.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2938's short term assets (¥30.7B) exceed its short term liabilities (¥19.8B).
Long Term Liabilities: 2938's short term assets (¥30.7B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: 2938's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2938's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2938's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 2938's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Okamura Foods Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yumiko Kai | Ichiyoshi Research Institute Inc. |
| Satoshi Fujiwara | Nomura Securities Co. Ltd. |