Oji Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Oji Holdings has a total shareholder equity of ¥1,194.6B and total debt of ¥923.9B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are ¥2,724.8B and ¥1,530.2B respectively. Oji Holdings's EBIT is ¥71.0B making its interest coverage ratio 174. It has cash and short-term investments of ¥115.4B.
Key information
77.3%
Debt to equity ratio
JP¥923.89b
Debt
| Interest coverage ratio | 174x |
| Cash | JP¥115.39b |
| Equity | JP¥1.19t |
| Total liabilities | JP¥1.53t |
| Total assets | JP¥2.72t |
Recent financial health updates
These 4 Measures Indicate That Oji Holdings (TSE:3861) Is Using Debt Extensively
Aug 26
We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its Debt
Apr 30Recent updates
Oji Holdings (TSE:3861) Will Want To Turn Around Its Return Trends
Oct 18Oji Holdings (TSE:3861) Has Announced That It Will Be Increasing Its Dividend To ¥12.00
Sep 24Calculating The Intrinsic Value Of Oji Holdings Corporation (TSE:3861)
Sep 16These 4 Measures Indicate That Oji Holdings (TSE:3861) Is Using Debt Extensively
Aug 26Take Care Before Diving Into The Deep End On Oji Holdings Corporation (TSE:3861)
Jul 19Some Investors May Be Worried About Oji Holdings' (TSE:3861) Returns On Capital
Jun 29Oji Holdings' (TSE:3861) Soft Earnings Are Actually Better Than They Appear
May 22We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its Debt
Apr 30Oji Holdings Corporation (TSE:3861) Doing What It Can To Lift Shares
Apr 12Oji Holdings (TSE:3861) Will Pay A Dividend Of ¥8.00
Mar 26Oji Holdings (TSE:3861) Is Due To Pay A Dividend Of ¥8.00
Feb 27Financial Position Analysis
Short Term Liabilities: 3861's short term assets (¥876.8B) exceed its short term liabilities (¥827.8B).
Long Term Liabilities: 3861's short term assets (¥876.8B) exceed its long term liabilities (¥702.4B).
Debt to Equity History and Analysis
Debt Level: 3861's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 3861's debt to equity ratio has reduced from 78.5% to 77.3% over the past 5 years.
Debt Coverage: 3861's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 3861's interest payments on its debt are well covered by EBIT (174x coverage).