Olympus Balance Sheet Health
Financial Health criteria checks 5/6
Olympus has a total shareholder equity of ¥749.9B and total debt of ¥304.7B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ¥1,468.1B and ¥718.2B respectively. Olympus's EBIT is ¥69.4B making its interest coverage ratio 14. It has cash and short-term investments of ¥377.4B.
Key information
40.6%
Debt to equity ratio
JP¥304.68b
Debt
Interest coverage ratio | 14x |
Cash | JP¥377.36b |
Equity | JP¥749.88b |
Total liabilities | JP¥718.20b |
Total assets | JP¥1.47t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCPN.F's short term assets (¥788.1B) exceed its short term liabilities (¥380.0B).
Long Term Liabilities: OCPN.F's short term assets (¥788.1B) exceed its long term liabilities (¥338.2B).
Debt to Equity History and Analysis
Debt Level: OCPN.F has more cash than its total debt.
Reducing Debt: OCPN.F's debt to equity ratio has reduced from 48.2% to 40.6% over the past 5 years.
Debt Coverage: OCPN.F's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: OCPN.F's interest payments on its debt are well covered by EBIT (14x coverage).