Balance Sheet Health
Financial Health criteria checks 6/6
Okura Industrial has a total shareholder equity of ¥60.9B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ¥100.3B and ¥39.4B respectively. Okura Industrial's EBIT is ¥5.0B making its interest coverage ratio -16.4. It has cash and short-term investments of ¥7.8B.
Key information
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Debt to equity ratio
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Recent financial health updates
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Recent updates
Financial Position Analysis
Short Term Liabilities: 4221's short term assets (¥50.9B) exceed its short term liabilities (¥34.1B).
Long Term Liabilities: 4221's short term assets (¥50.9B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 4221 has more cash than its total debt.
Reducing Debt: 4221's debt to equity ratio has reduced from 20.6% to 6.2% over the past 5 years.
Debt Coverage: 4221's debt is well covered by operating cash flow (221.4%).
Interest Coverage: 4221 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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