Ohizumi Mfg Balance Sheet Health
Financial Health criteria checks 4/6
Ohizumi Mfg has a total shareholder equity of ¥4.4B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 87.3%. Its total assets and total liabilities are ¥12.3B and ¥7.9B respectively.
Key information
87.3%
Debt to equity ratio
JP¥3.86b
Debt
Interest coverage ratio | n/a |
Cash | JP¥2.36b |
Equity | JP¥4.42b |
Total liabilities | JP¥7.92b |
Total assets | JP¥12.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6618's short term assets (¥8.4B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 6618's short term assets (¥8.4B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6618's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: 6618's debt to equity ratio has reduced from 166% to 87.3% over the past 5 years.
Debt Coverage: 6618's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: Insufficient data to determine if 6618's interest payments on its debt are well covered by EBIT.