OPTEX GROUP Company Balance Sheet Health
Financial Health criteria checks 4/6
OPTEX GROUP Company has a total shareholder equity of ¥44.3B and total debt of ¥10.6B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ¥67.1B and ¥22.9B respectively. OPTEX GROUP Company's EBIT is ¥6.2B making its interest coverage ratio -103.8. It has cash and short-term investments of ¥17.6B.
Key information
24.0%
Debt to equity ratio
JP¥10.64b
Debt
Interest coverage ratio | -103.8x |
Cash | JP¥17.62b |
Equity | JP¥44.27b |
Total liabilities | JP¥22.86b |
Total assets | JP¥67.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6914's short term assets (¥52.6B) exceed its short term liabilities (¥15.7B).
Long Term Liabilities: 6914's short term assets (¥52.6B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 6914 has more cash than its total debt.
Reducing Debt: 6914's debt to equity ratio has increased from 9.6% to 24% over the past 5 years.
Debt Coverage: 6914's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 6914 earns more interest than it pays, so coverage of interest payments is not a concern.