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
Recent updates
We 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 (¥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.