Okamura Balance Sheet Health
Financial Health criteria checks 6/6
Okamura has a total shareholder equity of ¥144.1B and total debt of ¥21.6B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥245.4B and ¥101.3B respectively. Okamura's EBIT is ¥16.0B making its interest coverage ratio -21.7. It has cash and short-term investments of ¥40.0B.
Key information
15.0%
Debt to equity ratio
JP¥21.59b
Debt
| Interest coverage ratio | -21.7x |
| Cash | JP¥39.95b |
| Equity | JP¥144.12b |
| Total liabilities | JP¥101.25b |
| Total assets | JP¥245.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OKAM.F's short term assets (¥132.0B) exceed its short term liabilities (¥70.3B).
Long Term Liabilities: OKAM.F's short term assets (¥132.0B) exceed its long term liabilities (¥31.0B).
Debt to Equity History and Analysis
Debt Level: OKAM.F has more cash than its total debt.
Reducing Debt: OKAM.F's debt to equity ratio has reduced from 20.6% to 15% over the past 5 years.
Debt Coverage: OKAM.F's debt is well covered by operating cash flow (24.7%).
Interest Coverage: OKAM.F earns more interest than it pays, so coverage of interest payments is not a concern.