Ono Sokki Balance Sheet Health
Financial Health criteria checks 5/6
Ono Sokki has a total shareholder equity of ¥14.6B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥19.8B and ¥5.2B respectively. Ono Sokki's EBIT is ¥16.0M making its interest coverage ratio -0.3. It has cash and short-term investments of ¥4.3B.
Key information
10.0%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | -0.3x |
| Cash | JP¥4.29b |
| Equity | JP¥14.61b |
| Total liabilities | JP¥5.16b |
| Total assets | JP¥19.77b |
Recent financial health updates
No updates
Recent updates
Ono Sokki's (TSE:6858) Earnings Are Built On Soft Foundations
Oct 31
Ono Sokki Co., Ltd.'s (TSE:6858) Popularity With Investors Under Threat As Stock Sinks 31%
Aug 06Ono Sokki (TSE:6858) Has Some Difficulty Using Its Capital Effectively
Jul 23Shareholders In Ono Sokki (TSE:6858) Should Look Beyond Earnings For The Full Story
Mar 27Earnings Not Telling The Story For Ono Sokki Co., Ltd. (TSE:6858) After Shares Rise 33%
Feb 27Financial Position Analysis
Short Term Liabilities: 6858's short term assets (¥10.3B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 6858's short term assets (¥10.3B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 6858 has more cash than its total debt.
Reducing Debt: 6858's debt to equity ratio has reduced from 13.1% to 10% over the past 5 years.
Debt Coverage: 6858's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6858 earns more interest than it pays, so coverage of interest payments is not a concern.