Otsuka Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Otsuka Holdings has a total shareholder equity of ¥2,436.3B and total debt of ¥138.6B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ¥3,361.2B and ¥924.9B respectively. Otsuka Holdings's EBIT is ¥291.7B making its interest coverage ratio -95.8. It has cash and short-term investments of ¥513.3B.
Key information
5.7%
Debt to equity ratio
JP¥138.63b
Debt
| Interest coverage ratio | -95.8x |
| Cash | JP¥513.34b |
| Equity | JP¥2.44t |
| Total liabilities | JP¥924.93b |
| Total assets | JP¥3.36t |
Financial Position Analysis
Short Term Liabilities: 4578's short term assets (¥1,326.8B) exceed its short term liabilities (¥667.2B).
Long Term Liabilities: 4578's short term assets (¥1,326.8B) exceed its long term liabilities (¥257.7B).
Debt to Equity History and Analysis
Debt Level: 4578 has more cash than its total debt.
Reducing Debt: 4578's debt to equity ratio has reduced from 11.9% to 5.7% over the past 5 years.
Debt Coverage: 4578's debt is well covered by operating cash flow (163.6%).
Interest Coverage: 4578 earns more interest than it pays, so coverage of interest payments is not a concern.