Open House Group Balance Sheet Health
Financial Health criteria checks 4/6
Open House Group has a total shareholder equity of ¥526.9B and total debt of ¥650.6B, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are ¥1,304.6B and ¥777.7B respectively. Open House Group's EBIT is ¥126.3B making its interest coverage ratio 45.4. It has cash and short-term investments of ¥357.6B.
Key information
123.5%
Debt to equity ratio
JP¥650.55b
Debt
| Interest coverage ratio | 45.4x |
| Cash | JP¥357.57b |
| Equity | JP¥526.92b |
| Total liabilities | JP¥777.70b |
| Total assets | JP¥1.30t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPPP.F's short term assets (¥1,220.8B) exceed its short term liabilities (¥373.0B).
Long Term Liabilities: OPPP.F's short term assets (¥1,220.8B) exceed its long term liabilities (¥404.7B).
Debt to Equity History and Analysis
Debt Level: OPPP.F's net debt to equity ratio (55.6%) is considered high.
Reducing Debt: OPPP.F's debt to equity ratio has reduced from 194.6% to 123.5% over the past 5 years.
Debt Coverage: OPPP.F's debt is not well covered by operating cash flow (5%).
Interest Coverage: OPPP.F's interest payments on its debt are well covered by EBIT (45.4x coverage).