Oji Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Oji Holdings has a total shareholder equity of ¥1,141.0B and total debt of ¥929.0B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are ¥2,698.9B and ¥1,557.9B respectively. Oji Holdings's EBIT is ¥65.4B making its interest coverage ratio -400.9. It has cash and short-term investments of ¥125.9B.
Key information
81.4%
Debt to equity ratio
JP¥928.96b
Debt
| Interest coverage ratio | -400.9x |
| Cash | JP¥125.89b |
| Equity | JP¥1.14t |
| Total liabilities | JP¥1.56t |
| Total assets | JP¥2.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OJIP.Y's short term assets (¥882.6B) exceed its short term liabilities (¥868.0B).
Long Term Liabilities: OJIP.Y's short term assets (¥882.6B) exceed its long term liabilities (¥689.9B).
Debt to Equity History and Analysis
Debt Level: OJIP.Y's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: OJIP.Y's debt to equity ratio has increased from 80.5% to 81.4% over the past 5 years.
Debt Coverage: OJIP.Y's debt is well covered by operating cash flow (21.8%).
Interest Coverage: OJIP.Y earns more interest than it pays, so coverage of interest payments is not a concern.