Otsuka Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Otsuka Holdings has a total shareholder equity of ¥2,555.3B and total debt of ¥121.4B, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ¥3,449.8B and ¥894.5B respectively. Otsuka Holdings's EBIT is ¥305.1B making its interest coverage ratio -35.3. It has cash and short-term investments of ¥411.6B.
Key information
4.7%
Debt to equity ratio
JP¥121.35b
Debt
Interest coverage ratio | -35.3x |
Cash | JP¥411.62b |
Equity | JP¥2.56t |
Total liabilities | JP¥894.53b |
Total assets | JP¥3.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTSK.Y's short term assets (¥1,305.2B) exceed its short term liabilities (¥631.5B).
Long Term Liabilities: OTSK.Y's short term assets (¥1,305.2B) exceed its long term liabilities (¥263.1B).
Debt to Equity History and Analysis
Debt Level: OTSK.Y has more cash than its total debt.
Reducing Debt: OTSK.Y's debt to equity ratio has reduced from 16.4% to 4.7% over the past 5 years.
Debt Coverage: OTSK.Y's debt is well covered by operating cash flow (186.9%).
Interest Coverage: OTSK.Y earns more interest than it pays, so coverage of interest payments is not a concern.