Ohishi Sangyo Balance Sheet Health
Financial Health criteria checks 6/6
Ohishi Sangyo has a total shareholder equity of ¥18.2B and total debt of ¥477.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥26.2B and ¥8.0B respectively. Ohishi Sangyo's EBIT is ¥908.0M making its interest coverage ratio -36.3. It has cash and short-term investments of ¥7.5B.
Key information
2.6%
Debt to equity ratio
JP¥477.00m
Debt
| Interest coverage ratio | -36.3x |
| Cash | JP¥7.53b |
| Equity | JP¥18.21b |
| Total liabilities | JP¥7.99b |
| Total assets | JP¥26.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3943's short term assets (¥15.3B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 3943's short term assets (¥15.3B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3943 has more cash than its total debt.
Reducing Debt: 3943's debt to equity ratio has reduced from 8.5% to 2.6% over the past 5 years.
Debt Coverage: 3943's debt is well covered by operating cash flow (465.8%).
Interest Coverage: 3943 earns more interest than it pays, so coverage of interest payments is not a concern.