OLBA HEALTHCARE HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
OLBA HEALTHCARE HOLDINGS has a total shareholder equity of ¥10.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are ¥46.1B and ¥35.3B respectively. OLBA HEALTHCARE HOLDINGS's EBIT is ¥2.3B making its interest coverage ratio 173.7. It has cash and short-term investments of ¥3.2B.
Key information
19.4%
Debt to equity ratio
JP¥2.10b
Debt
Interest coverage ratio | 173.7x |
Cash | JP¥3.20b |
Equity | JP¥10.81b |
Total liabilities | JP¥35.33b |
Total assets | JP¥46.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2689's short term assets (¥38.8B) exceed its short term liabilities (¥33.2B).
Long Term Liabilities: 2689's short term assets (¥38.8B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 2689 has more cash than its total debt.
Reducing Debt: 2689's debt to equity ratio has reduced from 60.8% to 19.4% over the past 5 years.
Debt Coverage: 2689's debt is well covered by operating cash flow (53.8%).
Interest Coverage: 2689's interest payments on its debt are well covered by EBIT (173.7x coverage).