OIZUMI Balance Sheet Health
Financial Health criteria checks 3/6
OIZUMI has a total shareholder equity of ¥18.3B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are ¥41.3B and ¥23.0B respectively. OIZUMI's EBIT is ¥1.4B making its interest coverage ratio 16.1. It has cash and short-term investments of ¥6.9B.
Key information
93.9%
Debt to equity ratio
JP¥17.15b
Debt
Interest coverage ratio | 16.1x |
Cash | JP¥6.86b |
Equity | JP¥18.26b |
Total liabilities | JP¥23.01b |
Total assets | JP¥41.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6428's short term assets (¥19.2B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 6428's short term assets (¥19.2B) exceed its long term liabilities (¥14.4B).
Debt to Equity History and Analysis
Debt Level: 6428's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: 6428's debt to equity ratio has increased from 90.3% to 93.9% over the past 5 years.
Debt Coverage: 6428's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6428's interest payments on its debt are well covered by EBIT (16.1x coverage).