Otsuka Balance Sheet Health
Financial Health criteria checks 6/6
Otsuka has a total shareholder equity of ¥347.0B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥561.8B and ¥214.9B respectively. Otsuka's EBIT is ¥63.0B making its interest coverage ratio -176.4. It has cash and short-term investments of ¥228.7B.
Key information
1.8%
Debt to equity ratio
JP¥6.10b
Debt
Interest coverage ratio | -176.4x |
Cash | JP¥228.69b |
Equity | JP¥346.95b |
Total liabilities | JP¥214.86b |
Total assets | JP¥561.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4768's short term assets (¥459.8B) exceed its short term liabilities (¥203.3B).
Long Term Liabilities: 4768's short term assets (¥459.8B) exceed its long term liabilities (¥11.6B).
Debt to Equity History and Analysis
Debt Level: 4768 has more cash than its total debt.
Reducing Debt: 4768's debt to equity ratio has reduced from 2.8% to 1.8% over the past 5 years.
Debt Coverage: 4768's debt is well covered by operating cash flow (1174.6%).
Interest Coverage: 4768 earns more interest than it pays, so coverage of interest payments is not a concern.