Olympus Balance Sheet Health
Financial Health criteria checks 6/6
Olympus has a total shareholder equity of ¥790.1B and total debt of ¥254.6B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are ¥1,515.4B and ¥725.3B respectively. Olympus's EBIT is ¥120.6B making its interest coverage ratio 19.5. It has cash and short-term investments of ¥274.4B.
Key information
32.2%
Debt to equity ratio
JP¥254.55b
Debt
Interest coverage ratio | 19.5x |
Cash | JP¥274.41b |
Equity | JP¥790.06b |
Total liabilities | JP¥725.33b |
Total assets | JP¥1.52t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7733's short term assets (¥736.6B) exceed its short term liabilities (¥419.2B).
Long Term Liabilities: 7733's short term assets (¥736.6B) exceed its long term liabilities (¥306.1B).
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 42.1% to 32.2% over the past 5 years.
Debt Coverage: 7733's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 7733's interest payments on its debt are well covered by EBIT (19.5x coverage).