Okaya Balance Sheet Health
Financial Health criteria checks 5/6
Okaya has a total shareholder equity of ¥409.1B and total debt of ¥163.2B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are ¥842.1B and ¥433.0B respectively. Okaya's EBIT is ¥33.7B making its interest coverage ratio -10.9. It has cash and short-term investments of ¥18.5B.
Key information
39.9%
Debt to equity ratio
JP¥163.23b
Debt
| Interest coverage ratio | -10.9x |
| Cash | JP¥18.46b |
| Equity | JP¥409.10b |
| Total liabilities | JP¥432.99b |
| Total assets | JP¥842.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7485's short term assets (¥478.6B) exceed its short term liabilities (¥332.6B).
Long Term Liabilities: 7485's short term assets (¥478.6B) exceed its long term liabilities (¥100.4B).
Debt to Equity History and Analysis
Debt Level: 7485's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 7485's debt to equity ratio has reduced from 56.2% to 39.9% over the past 5 years.
Debt Coverage: 7485's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 7485 earns more interest than it pays, so coverage of interest payments is not a concern.