Okaya Electric Industries Balance Sheet Health
Financial Health criteria checks 5/6
Okaya Electric Industries has a total shareholder equity of ¥7.8B and total debt of ¥4.4B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are ¥15.3B and ¥7.5B respectively.
Key information
55.9%
Debt to equity ratio
JP¥4.39b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.75b |
| Equity | JP¥7.84b |
| Total liabilities | JP¥7.47b |
| Total assets | JP¥15.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6926's short term assets (¥10.2B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 6926's short term assets (¥10.2B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 6926 has more cash than its total debt.
Reducing Debt: 6926's debt to equity ratio has increased from 39.2% to 55.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6926 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6926 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.6% per year.