Ohishi Sangyo Balance Sheet Health
Financial Health criteria checks 6/6
Ohishi Sangyo has a total shareholder equity of ¥17.7B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ¥26.1B and ¥8.3B respectively. Ohishi Sangyo's EBIT is ¥1.1B making its interest coverage ratio -90.6. It has cash and short-term investments of ¥7.4B.
Key information
5.8%
Debt to equity ratio
JP¥1.03b
Debt
Interest coverage ratio | -90.6x |
Cash | JP¥7.41b |
Equity | JP¥17.74b |
Total liabilities | JP¥8.33b |
Total assets | JP¥26.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3943's short term assets (¥15.4B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 3943's short term assets (¥15.4B) exceed its long term liabilities (¥1.8B).
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 9.4% to 5.8% over the past 5 years.
Debt Coverage: 3943's debt is well covered by operating cash flow (181.5%).
Interest Coverage: 3943 earns more interest than it pays, so coverage of interest payments is not a concern.