Oji Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Oji Holdings has a total shareholder equity of ¥1,141.0B and total debt of ¥929.0B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are ¥2,698.9B and ¥1,557.9B respectively. Oji Holdings's EBIT is ¥65.4B making its interest coverage ratio -400.9. It has cash and short-term investments of ¥125.9B.
Key information
81.4%
Debt to equity ratio
JP¥928.96b
Debt
| Interest coverage ratio | -400.9x |
| Cash | JP¥125.89b |
| Equity | JP¥1.14t |
| Total liabilities | JP¥1.56t |
| Total assets | JP¥2.70t |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Oji Holdings Corporation (TSE:3861)
Jul 19
Some 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 (¥882.6B) exceed its short term liabilities (¥868.0B).
Long Term Liabilities: 3861's short term assets (¥882.6B) exceed its long term liabilities (¥689.9B).
Debt to Equity History and Analysis
Debt Level: 3861's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: 3861's debt to equity ratio has increased from 80.5% to 81.4% over the past 5 years.
Debt Coverage: 3861's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 3861 earns more interest than it pays, so coverage of interest payments is not a concern.