Ookabe GlassLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ookabe GlassLtd has a total shareholder equity of ¥609.0M and total debt of ¥365.0M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ¥1.1B and ¥535.0M respectively. Ookabe GlassLtd's EBIT is ¥124.0M making its interest coverage ratio 124. It has cash and short-term investments of ¥504.0M.
Key information
59.9%
Debt to equity ratio
JP¥365.00m
Debt
| Interest coverage ratio | 124x |
| Cash | JP¥504.00m |
| Equity | JP¥609.00m |
| Total liabilities | JP¥535.00m |
| Total assets | JP¥1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5886's short term assets (¥641.0M) exceed its short term liabilities (¥193.0M).
Long Term Liabilities: 5886's short term assets (¥641.0M) exceed its long term liabilities (¥342.0M).
Debt to Equity History and Analysis
Debt Level: 5886 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5886's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 5886's debt is well covered by operating cash flow.
Interest Coverage: 5886's interest payments on its debt are well covered by EBIT (124x coverage).