Ono Sokki Balance Sheet Health
Financial Health criteria checks 5/6
Ono Sokki has a total shareholder equity of ¥15.5B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ¥20.8B and ¥5.4B respectively. Ono Sokki's EBIT is ¥35.0M making its interest coverage ratio -0.9. It has cash and short-term investments of ¥6.2B.
Key information
9.9%
Debt to equity ratio
JP¥1.53b
Debt
Interest coverage ratio | -0.9x |
Cash | JP¥6.24b |
Equity | JP¥15.46b |
Total liabilities | JP¥5.35b |
Total assets | JP¥20.81b |
Recent financial health updates
No updates
Recent updates
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 (¥11.1B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 6858's short term assets (¥11.1B) exceed its long term liabilities (¥2.3B).
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 10.7% to 9.9% over the past 5 years.
Debt Coverage: 6858's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 6858 earns more interest than it pays, so coverage of interest payments is not a concern.