Oji Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Oji Holdings has a total shareholder equity of ¥1,095.5B and total debt of ¥736.7B, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are ¥2,442.5B and ¥1,347.0B respectively. Oji Holdings's EBIT is ¥72.6B making its interest coverage ratio -437.4. It has cash and short-term investments of ¥62.9B.
Key information
67.2%
Debt to equity ratio
JP¥736.72b
Debt
| Interest coverage ratio | -437.4x |
| Cash | JP¥62.86b |
| Equity | JP¥1.10t |
| Total liabilities | JP¥1.35t |
| Total assets | JP¥2.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OJIP.F's short term assets (¥773.3B) exceed its short term liabilities (¥668.2B).
Long Term Liabilities: OJIP.F's short term assets (¥773.3B) exceed its long term liabilities (¥678.8B).
Debt to Equity History and Analysis
Debt Level: OJIP.F's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: OJIP.F's debt to equity ratio has reduced from 76.1% to 67.2% over the past 5 years.
Debt Coverage: OJIP.F's debt is well covered by operating cash flow (27.5%).
Interest Coverage: OJIP.F earns more interest than it pays, so coverage of interest payments is not a concern.