OAT Agrio Balance Sheet Health
Financial Health criteria checks 4/6
OAT Agrio has a total shareholder equity of ¥14.9B and total debt of ¥12.3B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ¥34.0B and ¥19.1B respectively. OAT Agrio's EBIT is ¥3.8B making its interest coverage ratio 23.4. It has cash and short-term investments of ¥4.1B.
Key information
82.7%
Debt to equity ratio
JP¥12.30b
Debt
Interest coverage ratio | 23.4x |
Cash | JP¥4.06b |
Equity | JP¥14.87b |
Total liabilities | JP¥19.13b |
Total assets | JP¥34.00b |
Financial Position Analysis
Short Term Liabilities: 4979's short term assets (¥19.6B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 4979's short term assets (¥19.6B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 4979's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: 4979's debt to equity ratio has reduced from 227.4% to 82.7% over the past 5 years.
Debt Coverage: 4979's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 4979's interest payments on its debt are well covered by EBIT (23.4x coverage).