Oki Electric Industry Balance Sheet Health
Financial Health criteria checks 3/6
Oki Electric Industry has a total shareholder equity of ¥106.3B and total debt of ¥126.2B, which brings its debt-to-equity ratio to 118.7%. Its total assets and total liabilities are ¥404.7B and ¥298.4B respectively. Oki Electric Industry's EBIT is ¥13.0B making its interest coverage ratio 50.4. It has cash and short-term investments of ¥30.2B.
Key information
118.7%
Debt to equity ratio
JP¥126.23b
Debt
Interest coverage ratio | 50.4x |
Cash | JP¥30.24b |
Equity | JP¥106.32b |
Total liabilities | JP¥298.35b |
Total assets | JP¥404.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OKIE.F's short term assets (¥233.8B) exceed its short term liabilities (¥202.1B).
Long Term Liabilities: OKIE.F's short term assets (¥233.8B) exceed its long term liabilities (¥96.2B).
Debt to Equity History and Analysis
Debt Level: OKIE.F's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: OKIE.F's debt to equity ratio has increased from 95.1% to 118.7% over the past 5 years.
Debt Coverage: OKIE.F's debt is not well covered by operating cash flow (10%).
Interest Coverage: OKIE.F's interest payments on its debt are well covered by EBIT (50.4x coverage).