Oji Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Oji Holdings has a total shareholder equity of ¥1,071.0B and total debt of ¥778.1B, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are ¥2,440.4B and ¥1,369.4B respectively. Oji Holdings's EBIT is ¥81.7B making its interest coverage ratio 132.6. It has cash and short-term investments of ¥86.7B.
Key information
72.6%
Debt to equity ratio
JP¥778.08b
Debt
Interest coverage ratio | 132.6x |
Cash | JP¥86.71b |
Equity | JP¥1.07t |
Total liabilities | JP¥1.37t |
Total assets | JP¥2.44t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3861's short term assets (¥819.8B) exceed its short term liabilities (¥658.3B).
Long Term Liabilities: 3861's short term assets (¥819.8B) exceed its long term liabilities (¥711.0B).
Debt to Equity History and Analysis
Debt Level: 3861's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: 3861's debt to equity ratio has reduced from 81.2% to 72.6% over the past 5 years.
Debt Coverage: 3861's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 3861's interest payments on its debt are well covered by EBIT (132.6x coverage).