OPTEX GROUP Company Balance Sheet Health
Financial Health criteria checks 4/6
OPTEX GROUP Company has a total shareholder equity of ¥45.8B and total debt of ¥11.4B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are ¥70.1B and ¥24.3B respectively. OPTEX GROUP Company's EBIT is ¥6.2B making its interest coverage ratio -155.8. It has cash and short-term investments of ¥17.8B.
Key information
25.0%
Debt to equity ratio
JP¥11.45b
Debt
Interest coverage ratio | -155.8x |
Cash | JP¥17.78b |
Equity | JP¥45.81b |
Total liabilities | JP¥24.26b |
Total assets | JP¥70.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6914's short term assets (¥55.5B) exceed its short term liabilities (¥17.5B).
Long Term Liabilities: 6914's short term assets (¥55.5B) exceed its long term liabilities (¥6.8B).
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 9.7% to 25% over the past 5 years.
Debt Coverage: 6914's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 6914 earns more interest than it pays, so coverage of interest payments is not a concern.