Okamoto Industries Financial Health
How is Okamoto Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 5122's short term assets (¥79.6B) exceed its short term liabilities (¥35.4B).
Long Term Liabilities: 5122's short term assets (¥79.6B) exceed its long term liabilities (¥11.6B).
Debt to Equity History and Analysis
Debt Level: 5122 has more cash than its total debt.
Reducing Debt: 5122's debt to equity ratio has reduced from 5.9% to 4.5% over the past 5 years.
Debt Coverage: 5122's debt is well covered by operating cash flow (239.9%).
Interest Coverage: 5122 earns more interest than it pays, so coverage of interest payments is not a concern.