OPEN Group Balance Sheet Health
Financial Health criteria checks 4/6
OPEN Group has a total shareholder equity of ¥12.0B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥19.3B and ¥7.3B respectively. OPEN Group's EBIT is ¥609.0M making its interest coverage ratio 32.1. It has cash and short-term investments of ¥10.6B.
Key information
30.3%
Debt to equity ratio
JP¥3.63b
Debt
| Interest coverage ratio | 32.1x |
| Cash | JP¥10.57b |
| Equity | JP¥11.99b |
| Total liabilities | JP¥7.33b |
| Total assets | JP¥19.32b |
Recent financial health updates
We Think OPEN Group (TSE:6572) Can Manage Its Debt With Ease
Dec 17
These 4 Measures Indicate That RPA Holdings (TSE:6572) Is Using Debt Safely
Mar 22Recent updates
We Think OPEN Group (TSE:6572) Can Manage Its Debt With Ease
Dec 17OPEN Group, Inc. (TSE:6572) May Have Run Too Fast Too Soon With Recent 39% Price Plummet
Aug 06RPA Holdings, Inc.'s (TSE:6572) Popularity With Investors Is Under Threat From Overpricing
May 10We Think RPA Holdings' (TSE:6572) Robust Earnings Are Conservative
Apr 19Returns On Capital Signal Tricky Times Ahead For RPA Holdings (TSE:6572)
Apr 06These 4 Measures Indicate That RPA Holdings (TSE:6572) Is Using Debt Safely
Mar 22Financial Position Analysis
Short Term Liabilities: 6572's short term assets (¥13.4B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 6572's short term assets (¥13.4B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 6572 has more cash than its total debt.
Reducing Debt: 6572's debt to equity ratio has increased from 26.4% to 30.3% over the past 5 years.
Debt Coverage: 6572's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 6572's interest payments on its debt are well covered by EBIT (32.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:54 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
OPEN Group, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaname Fujita | Ichiyoshi Research Institute Inc. |