Okaya Balance Sheet Health
Financial Health criteria checks 5/6
Okaya has a total shareholder equity of ¥393.6B and total debt of ¥178.5B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are ¥851.9B and ¥458.3B respectively. Okaya's EBIT is ¥33.6B making its interest coverage ratio -10. It has cash and short-term investments of ¥23.0B.
Key information
45.3%
Debt to equity ratio
JP¥178.47b
Debt
| Interest coverage ratio | -10x |
| Cash | JP¥23.05b |
| Equity | JP¥393.63b |
| Total liabilities | JP¥458.31b |
| Total assets | JP¥851.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7485's short term assets (¥496.5B) exceed its short term liabilities (¥365.8B).
Long Term Liabilities: 7485's short term assets (¥496.5B) exceed its long term liabilities (¥92.6B).
Debt to Equity History and Analysis
Debt Level: 7485's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: 7485's debt to equity ratio has reduced from 48% to 45.3% over the past 5 years.
Debt Coverage: 7485's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 7485 earns more interest than it pays, so coverage of interest payments is not a concern.