Ota Floriculture AuctionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ota Floriculture AuctionLtd has a total shareholder equity of ¥5.0B and total debt of ¥763.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are ¥9.5B and ¥4.5B respectively. Ota Floriculture AuctionLtd's EBIT is ¥214.0M making its interest coverage ratio -19.5. It has cash and short-term investments of ¥2.2B.
Key information
15.2%
Debt to equity ratio
JP¥763.00m
Debt
Interest coverage ratio | -19.5x |
Cash | JP¥2.23b |
Equity | JP¥5.02b |
Total liabilities | JP¥4.47b |
Total assets | JP¥9.49b |
Recent financial health updates
Health Check: How Prudently Does Ota Floriculture AuctionLtd (TYO:7555) Use Debt?
Mar 16Ota Floriculture AuctionLtd (TYO:7555) Is Making Moderate Use Of Debt
Nov 23Recent updates
Health Check: How Prudently Does Ota Floriculture AuctionLtd (TYO:7555) Use Debt?
Mar 16Is Ota Floriculture Auction Co.,Ltd. (TYO:7555) A Good Dividend Stock?
Jan 19Ota Floriculture AuctionLtd (TYO:7555) Is Making Moderate Use Of Debt
Nov 23Investors Appear Satisfied With Ota Floriculture Auction Co.,Ltd.'s (TYO:7555) Prospects
Jul 13Financial Position Analysis
Short Term Liabilities: 7555's short term assets (¥5.0B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 7555's short term assets (¥5.0B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 7555 has more cash than its total debt.
Reducing Debt: 7555's debt to equity ratio has reduced from 51% to 15.2% over the past 5 years.
Debt Coverage: 7555's debt is well covered by operating cash flow (101.2%).
Interest Coverage: 7555 earns more interest than it pays, so coverage of interest payments is not a concern.