OPTEX GROUP Company Balance Sheet Health
Financial Health criteria checks 5/6
OPTEX GROUP Company has a total shareholder equity of ¥47.3B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ¥69.4B and ¥22.1B respectively. OPTEX GROUP Company's EBIT is ¥7.3B making its interest coverage ratio -122.2. It has cash and short-term investments of ¥19.2B.
Key information
20.5%
Debt to equity ratio
JP¥9.72b
Debt
| Interest coverage ratio | -122.2x |
| Cash | JP¥19.24b |
| Equity | JP¥47.31b |
| Total liabilities | JP¥22.07b |
| Total assets | JP¥69.38b |
Financial Position Analysis
Short Term Liabilities: 6914's short term assets (¥54.8B) exceed its short term liabilities (¥16.0B).
Long Term Liabilities: 6914's short term assets (¥54.8B) exceed its long term liabilities (¥6.1B).
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 12.5% to 20.5% over the past 5 years.
Debt Coverage: 6914's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 6914 earns more interest than it pays, so coverage of interest payments is not a concern.