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
Oji Holdings (TSE:3861) Seems To Be Using A Lot Of Debt
Nov 30
These 4 Measures Indicate That Oji Holdings (TSE:3861) Is Using Debt Extensively
Aug 26We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its Debt
Apr 30Recent updates
Oji Holdings' (TSE:3861) Dividend Will Be ¥12.00
Dec 18Oji Holdings (TSE:3861) Seems To Be Using A Lot Of Debt
Nov 30Oji 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Oji Holdings Corporation is covered by 22 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyoji Chiba | BofA Global Research |
| Shigeki Kousaka | Citigroup Inc |
| Jeremie Capron | CLSA |