Osaka Gas Balance Sheet Health
Financial Health criteria checks 3/6
Osaka Gas has a total shareholder equity of ¥1,387.0B and total debt of ¥819.3B, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are ¥3,106.4B and ¥1,719.4B respectively. Osaka Gas's EBIT is ¥37.3B making its interest coverage ratio 7.5. It has cash and short-term investments of ¥178.3B.
Key information
59.1%
Debt to equity ratio
JP¥819.30b
Debt
Interest coverage ratio | 7.5x |
Cash | JP¥178.28b |
Equity | JP¥1.39t |
Total liabilities | JP¥1.72t |
Total assets | JP¥3.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OSGS.Y's short term assets (¥998.1B) exceed its short term liabilities (¥744.6B).
Long Term Liabilities: OSGS.Y's short term assets (¥998.1B) exceed its long term liabilities (¥974.8B).
Debt to Equity History and Analysis
Debt Level: OSGS.Y's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: OSGS.Y's debt to equity ratio has increased from 43% to 59.1% over the past 5 years.
Debt Coverage: OSGS.Y's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: OSGS.Y's interest payments on its debt are well covered by EBIT (7.5x coverage).