Ono Sokki Balance Sheet Health
Financial Health criteria checks 4/6
Ono Sokki has a total shareholder equity of ¥14.5B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥21.4B and ¥6.9B respectively. Ono Sokki's EBIT is ¥196.0M making its interest coverage ratio -5.3. It has cash and short-term investments of ¥2.4B.
Key information
21.5%
Debt to equity ratio
JP¥3.11b
Debt
Interest coverage ratio | -5.3x |
Cash | JP¥2.35b |
Equity | JP¥14.48b |
Total liabilities | JP¥6.91b |
Total assets | JP¥21.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6858's short term assets (¥8.3B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 6858's short term assets (¥8.3B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6858's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 6858's debt to equity ratio has increased from 13.8% to 21.5% over the past 5 years.
Debt Coverage: 6858's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 6858 earns more interest than it pays, so coverage of interest payments is not a concern.