Tokyo Ohka Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Ohka Kogyo has a total shareholder equity of ¥202.8B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥266.2B and ¥63.4B respectively. Tokyo Ohka Kogyo's EBIT is ¥30.5B making its interest coverage ratio -34.2. It has cash and short-term investments of ¥65.2B.
Key information
5.2%
Debt to equity ratio
JP¥10.49b
Debt
| Interest coverage ratio | -34.2x |
| Cash | JP¥65.18b |
| Equity | JP¥202.78b |
| Total liabilities | JP¥63.37b |
| Total assets | JP¥266.15b |
Recent financial health updates
Is Tokyo Ohka Kogyo (TSE:4186) Using Too Much Debt?
Oct 22
We Think Tokyo Ohka Kogyo (TSE:4186) Can Stay On Top Of Its Debt
Jul 11Recent updates
Results: Tokyo Ohka Kogyo Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 15Is Tokyo Ohka Kogyo (TSE:4186) Using Too Much Debt?
Oct 22Returns At Tokyo Ohka Kogyo (TSE:4186) Are On The Way Up
Sep 14Is There An Opportunity With Tokyo Ohka Kogyo Co., Ltd.'s (TSE:4186) 34% Undervaluation?
Aug 27Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year
Aug 09The Price Is Right For Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Even After Diving 33%
Aug 06We Think Tokyo Ohka Kogyo (TSE:4186) Can Stay On Top Of Its Debt
Jul 11Returns Are Gaining Momentum At Tokyo Ohka Kogyo (TSE:4186)
Jun 07Estimating The Fair Value Of Tokyo Ohka Kogyo Co., Ltd. (TSE:4186)
Apr 19Investors Appear Satisfied With Tokyo Ohka Kogyo Co., Ltd.'s (TSE:4186) Prospects As Shares Rocket 34%
Feb 27Financial Position Analysis
Short Term Liabilities: 4186's short term assets (¥144.8B) exceed its short term liabilities (¥50.6B).
Long Term Liabilities: 4186's short term assets (¥144.8B) exceed its long term liabilities (¥12.8B).
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 7.6% to 5.2% over the past 5 years.
Debt Coverage: 4186's debt is well covered by operating cash flow (207.5%).
Interest Coverage: 4186 earns more interest than it pays, so coverage of interest payments is not a concern.