OPTiM Balance Sheet Health
Financial Health criteria checks 5/6
OPTiM has a total shareholder equity of ¥7.8B and total debt of ¥14.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥9.5B and ¥1.7B respectively. OPTiM's EBIT is ¥2.0B making its interest coverage ratio 1971. It has cash and short-term investments of ¥2.5B.
Key information
0.2%
Debt to equity ratio
JP¥14.00m
Debt
| Interest coverage ratio | 1971x |
| Cash | JP¥2.51b |
| Equity | JP¥7.75b |
| Total liabilities | JP¥1.72b |
| Total assets | JP¥9.47b |
Recent financial health updates
Recent updates
OPTiM (TSE:3694) Seems To Use Debt Quite Sensibly
Aug 08
OPTiM Corporation (TSE:3694) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Jun 06Subdued Growth No Barrier To OPTiM Corporation (TSE:3694) With Shares Advancing 26%
Mar 05A Look Into OPTiM's (TSE:3694) Impressive Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 3694's short term assets (¥4.4B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 3694's short term assets (¥4.4B) 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 (17271.4%).
Interest Coverage: 3694's interest payments on its debt are well covered by EBIT (1971x coverage).