Ohmura ShigyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ohmura ShigyoLtd has a total shareholder equity of ¥5.1B and total debt of ¥10.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥7.7B and ¥2.7B respectively. Ohmura ShigyoLtd's EBIT is ¥342.0M making its interest coverage ratio -22.8. It has cash and short-term investments of ¥3.1B.
Key information
0.2%
Debt to equity ratio
JP¥10.00m
Debt
Interest coverage ratio | -22.8x |
Cash | JP¥3.15b |
Equity | JP¥5.09b |
Total liabilities | JP¥2.66b |
Total assets | JP¥7.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3953's short term assets (¥5.0B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 3953's short term assets (¥5.0B) exceed its long term liabilities (¥836.0M).
Debt to Equity History and Analysis
Debt Level: 3953 has more cash than its total debt.
Reducing Debt: 3953's debt to equity ratio has reduced from 0.4% to 0.2% over the past 5 years.
Debt Coverage: 3953's debt is well covered by operating cash flow (6330%).
Interest Coverage: 3953 earns more interest than it pays, so coverage of interest payments is not a concern.