OptorunLtd Balance Sheet Health
Financial Health criteria checks 6/6
OptorunLtd has a total shareholder equity of ¥59.5B and total debt of ¥400.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥77.0B and ¥17.4B respectively. OptorunLtd's EBIT is ¥11.1B making its interest coverage ratio -90.3. It has cash and short-term investments of ¥33.3B.
Key information
0.7%
Debt to equity ratio
JP¥400.00m
Debt
Interest coverage ratio | -90.3x |
Cash | JP¥33.33b |
Equity | JP¥59.51b |
Total liabilities | JP¥17.45b |
Total assets | JP¥76.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6235's short term assets (¥55.2B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 6235's short term assets (¥55.2B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 6235 has more cash than its total debt.
Reducing Debt: 6235's debt to equity ratio has reduced from 3% to 0.7% over the past 5 years.
Debt Coverage: 6235's debt is well covered by operating cash flow (795%).
Interest Coverage: 6235 earns more interest than it pays, so coverage of interest payments is not a concern.