OLBA HEALTHCARE HOLDINGS Balance Sheet Health
Financial Health criteria checks 6/6
OLBA HEALTHCARE HOLDINGS has a total shareholder equity of ¥11.4B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ¥43.2B and ¥31.9B respectively. OLBA HEALTHCARE HOLDINGS's EBIT is ¥2.2B making its interest coverage ratio 171.2. It has cash and short-term investments of ¥2.7B.
Key information
5.3%
Debt to equity ratio
JP¥600.00m
Debt
Interest coverage ratio | 171.2x |
Cash | JP¥2.73b |
Equity | JP¥11.37b |
Total liabilities | JP¥31.87b |
Total assets | JP¥43.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2689's short term assets (¥35.6B) exceed its short term liabilities (¥29.7B).
Long Term Liabilities: 2689's short term assets (¥35.6B) exceed its long term liabilities (¥2.2B).
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 33.4% to 5.3% over the past 5 years.
Debt Coverage: 2689's debt is well covered by operating cash flow (188.3%).
Interest Coverage: 2689's interest payments on its debt are well covered by EBIT (171.2x coverage).