Osaka Gas Balance Sheet Health
Financial Health criteria checks 3/6
Osaka Gas has a total shareholder equity of ¥1,618.4B and total debt of ¥839.4B, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are ¥3,088.4B and ¥1,470.0B respectively. Osaka Gas's EBIT is ¥215.6B making its interest coverage ratio 132.1. It has cash and short-term investments of ¥153.3B.
Key information
51.9%
Debt to equity ratio
JP¥839.44b
Debt
Interest coverage ratio | 132.1x |
Cash | JP¥153.33b |
Equity | JP¥1.62t |
Total liabilities | JP¥1.47t |
Total assets | JP¥3.09t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OSGS.F's short term assets (¥864.9B) exceed its short term liabilities (¥486.0B).
Long Term Liabilities: OSGS.F's short term assets (¥864.9B) do not cover its long term liabilities (¥983.9B).
Debt to Equity History and Analysis
Debt Level: OSGS.F's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: OSGS.F's debt to equity ratio has increased from 50.7% to 51.9% over the past 5 years.
Debt Coverage: OSGS.F's debt is well covered by operating cash flow (36.2%).
Interest Coverage: OSGS.F's interest payments on its debt are well covered by EBIT (132.1x coverage).