Tokyo Ohka Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Ohka Kogyo has a total shareholder equity of ¥205.5B and total debt of ¥10.6B, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥273.1B and ¥67.6B respectively. Tokyo Ohka Kogyo's EBIT is ¥25.2B making its interest coverage ratio -27.8. It has cash and short-term investments of ¥66.1B.
Key information
5.1%
Debt to equity ratio
JP¥10.55b
Debt
| Interest coverage ratio | -27.8x |
| Cash | JP¥66.09b |
| Equity | JP¥205.46b |
| Total liabilities | JP¥67.63b |
| Total assets | JP¥273.09b |
Recent financial health updates
Recent updates
Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year
Aug 09
The 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 (¥148.4B) exceed its short term liabilities (¥53.5B).
Long Term Liabilities: 4186's short term assets (¥148.4B) exceed its long term liabilities (¥14.2B).
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 5.1% over the past 5 years.
Debt Coverage: 4186's debt is well covered by operating cash flow (206.3%).
Interest Coverage: 4186 earns more interest than it pays, so coverage of interest payments is not a concern.