OPTiM Balance Sheet Health
Financial Health criteria checks 5/6
OPTiM has a total shareholder equity of ¥6.9B and total debt of ¥314.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥9.0B and ¥2.1B respectively. OPTiM's EBIT is ¥2.3B making its interest coverage ratio 1138.5. It has cash and short-term investments of ¥2.0B.
Key information
4.6%
Debt to equity ratio
JP¥314.00m
Debt
Interest coverage ratio | 1138.5x |
Cash | JP¥1.97b |
Equity | JP¥6.87b |
Total liabilities | JP¥2.14b |
Total assets | JP¥9.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3694's short term assets (¥4.3B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 3694's short term assets (¥4.3B) exceed its long term liabilities (¥140.0M).
Debt to Equity History and Analysis
Debt Level: 3694 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3694's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3694's debt is well covered by operating cash flow (757.3%).
Interest Coverage: 3694's interest payments on its debt are well covered by EBIT (1138.5x coverage).