Ota Floriculture AuctionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ota Floriculture AuctionLtd has a total shareholder equity of ¥5.1B and total debt of ¥531.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ¥8.2B and ¥3.1B respectively. Ota Floriculture AuctionLtd's EBIT is ¥211.0M making its interest coverage ratio -16.2. It has cash and short-term investments of ¥1.6B.
Key information
10.5%
Debt to equity ratio
JP¥531.00m
Debt
| Interest coverage ratio | -16.2x |
| Cash | JP¥1.57b |
| Equity | JP¥5.06b |
| Total liabilities | JP¥3.10b |
| Total assets | JP¥8.17b |
Recent financial health updates
Health Check: How Prudently Does Ota Floriculture AuctionLtd (TYO:7555) Use Debt?
Mar 16
Ota Floriculture AuctionLtd (TYO:7555) Is Making Moderate Use Of Debt
Nov 23
Recent updates
Some May Be Optimistic About Ota Floriculture AuctionLtd's (TSE:7555) Earnings
May 21Health 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 (¥3.7B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 7555's short term assets (¥3.7B) exceed its long term liabilities (¥1.3B).
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 45.7% to 10.5% over the past 5 years.
Debt Coverage: 7555's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7555 earns more interest than it pays, so coverage of interest payments is not a concern.