Osaka Gas Balance Sheet Health
Financial Health criteria checks 4/6
Osaka Gas has a total shareholder equity of ¥1,605.0B and total debt of ¥814.6B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are ¥2,980.1B and ¥1,375.1B respectively. Osaka Gas's EBIT is ¥172.6B making its interest coverage ratio 1250.4. It has cash and short-term investments of ¥77.7B.
Key information
50.8%
Debt to equity ratio
JP¥814.59b
Debt
Interest coverage ratio | 1250.4x |
Cash | JP¥77.67b |
Equity | JP¥1.60t |
Total liabilities | JP¥1.38t |
Total assets | JP¥2.98t |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Osaka Gas (TSE:9532) Is Using Debt Reasonably Well
Jun 25Investors Don't See Light At End Of Osaka Gas Co., Ltd.'s (TSE:9532) Tunnel
Jun 07We Think Osaka Gas' (TSE:9532) Solid Earnings Are Understated
May 21Osaka Gas (TSE:9532) Will Pay A Larger Dividend Than Last Year At ¥40.00
Mar 12Osaka Gas' (TSE:9532) Dividend Will Be ¥32.50
Feb 27Financial Position Analysis
Short Term Liabilities: 9532's short term assets (¥762.5B) exceed its short term liabilities (¥393.9B).
Long Term Liabilities: 9532's short term assets (¥762.5B) do not cover its long term liabilities (¥981.2B).
Debt to Equity History and Analysis
Debt Level: 9532's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 9532's debt to equity ratio has reduced from 61.6% to 50.8% over the past 5 years.
Debt Coverage: 9532's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 9532's interest payments on its debt are well covered by EBIT (1250.4x coverage).