Tokyo Ohka Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Ohka Kogyo has a total shareholder equity of ¥196.6B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ¥261.0B and ¥64.5B respectively. Tokyo Ohka Kogyo's EBIT is ¥23.1B making its interest coverage ratio -25.5. It has cash and short-term investments of ¥70.4B.
Key information
5.4%
Debt to equity ratio
JP¥10.52b
Debt
| Interest coverage ratio | -25.5x |
| Cash | JP¥70.41b |
| Equity | JP¥196.58b |
| Total liabilities | JP¥64.47b |
| Total assets | JP¥261.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4186's short term assets (¥143.8B) exceed its short term liabilities (¥45.6B).
Long Term Liabilities: 4186's short term assets (¥143.8B) exceed its long term liabilities (¥18.9B).
Debt to Equity History and Analysis
Debt Level: 4186 has more cash than its total debt.
Reducing Debt: 4186's debt to equity ratio has reduced from 6.7% to 5.4% over the past 5 years.
Debt Coverage: 4186's debt is well covered by operating cash flow (163.6%).
Interest Coverage: 4186 earns more interest than it pays, so coverage of interest payments is not a concern.