OVAL Balance Sheet Health
Financial Health criteria checks 6/6
OVAL has a total shareholder equity of ¥15.9B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are ¥23.6B and ¥7.7B respectively. OVAL's EBIT is ¥1.4B making its interest coverage ratio 47.2. It has cash and short-term investments of ¥3.3B.
Key information
12.0%
Debt to equity ratio
JP¥1.90b
Debt
| Interest coverage ratio | 47.2x |
| Cash | JP¥3.31b |
| Equity | JP¥15.90b |
| Total liabilities | JP¥7.69b |
| Total assets | JP¥23.59b |
Recent financial health updates
No updates
Recent updates
OVAL (TSE:7727) Has Affirmed Its Dividend Of ¥7.00
Sep 27
OVAL Corporation (TSE:7727) Stock's 34% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05OVAL (TSE:7727) Has Affirmed Its Dividend Of ¥7.00
Jul 26OVAL (TSE:7727) Will Pay A Dividend Of ¥7.00
Mar 03Returns At OVAL (TSE:7727) Are On The Way Up
Feb 28Financial Position Analysis
Short Term Liabilities: 7727's short term assets (¥12.7B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 7727's short term assets (¥12.7B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 7727 has more cash than its total debt.
Reducing Debt: 7727's debt to equity ratio has reduced from 18.7% to 12% over the past 5 years.
Debt Coverage: 7727's debt is well covered by operating cash flow (59.1%).
Interest Coverage: 7727's interest payments on its debt are well covered by EBIT (47.2x coverage).