Olympus Balance Sheet Health
Financial Health criteria checks 5/6
Olympus has a total shareholder equity of ¥757.2B and total debt of ¥299.6B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ¥1,534.2B and ¥777.0B respectively. Olympus's EBIT is ¥114.2B making its interest coverage ratio 37.7. It has cash and short-term investments of ¥350.8B.
Key information
39.6%
Debt to equity ratio
JP¥299.62b
Debt
Interest coverage ratio | 37.7x |
Cash | JP¥350.80b |
Equity | JP¥757.19b |
Total liabilities | JP¥777.03b |
Total assets | JP¥1.53t |
Financial Position Analysis
Short Term Liabilities: 7733's short term assets (¥800.3B) exceed its short term liabilities (¥431.7B).
Long Term Liabilities: 7733's short term assets (¥800.3B) exceed its long term liabilities (¥345.3B).
Debt to Equity History and Analysis
Debt Level: 7733 has more cash than its total debt.
Reducing Debt: 7733's debt to equity ratio has reduced from 41% to 39.6% over the past 5 years.
Debt Coverage: 7733's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 7733's interest payments on its debt are well covered by EBIT (37.7x coverage).