OVAL Balance Sheet Health
Financial Health criteria checks 6/6
OVAL has a total shareholder equity of ¥15.1B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ¥22.9B and ¥7.8B respectively. OVAL's EBIT is ¥1.5B making its interest coverage ratio 61.3. It has cash and short-term investments of ¥3.1B.
Key information
13.1%
Debt to equity ratio
JP¥1.98b
Debt
Interest coverage ratio | 61.3x |
Cash | JP¥3.15b |
Equity | JP¥15.11b |
Total liabilities | JP¥7.80b |
Total assets | JP¥22.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7727's short term assets (¥12.3B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 7727's short term assets (¥12.3B) exceed its long term liabilities (¥3.9B).
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 14.6% to 13.1% over the past 5 years.
Debt Coverage: 7727's debt is well covered by operating cash flow (64.1%).
Interest Coverage: 7727's interest payments on its debt are well covered by EBIT (61.3x coverage).