OLBA HEALTHCARE HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
OLBA HEALTHCARE HOLDINGS has a total shareholder equity of ¥11.0B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥43.5B and ¥32.5B respectively. OLBA HEALTHCARE HOLDINGS's EBIT is ¥2.3B making its interest coverage ratio 146.2. It has cash and short-term investments of ¥2.7B.
Key information
27.2%
Debt to equity ratio
JP¥3.00b
Debt
| Interest coverage ratio | 146.2x |
| Cash | JP¥2.71b |
| Equity | JP¥11.02b |
| Total liabilities | JP¥32.50b |
| Total assets | JP¥43.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2689's short term assets (¥35.2B) exceed its short term liabilities (¥30.3B).
Long Term Liabilities: 2689's short term assets (¥35.2B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 2689's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 2689's debt to equity ratio has reduced from 69.7% to 27.2% over the past 5 years.
Debt Coverage: 2689's debt is well covered by operating cash flow (69.5%).
Interest Coverage: 2689's interest payments on its debt are well covered by EBIT (146.2x coverage).