Watanabe Sato Balance Sheet Health
Financial Health criteria checks 6/6
Watanabe Sato has a total shareholder equity of ¥20.4B and total debt of ¥52.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥33.6B and ¥13.2B respectively. Watanabe Sato's EBIT is ¥1.6B making its interest coverage ratio -53. It has cash and short-term investments of ¥6.3B.
Key information
0.3%
Debt to equity ratio
JP¥52.00m
Debt
| Interest coverage ratio | -53x |
| Cash | JP¥6.34b |
| Equity | JP¥20.39b |
| Total liabilities | JP¥13.24b |
| Total assets | JP¥33.63b |
Recent financial health updates
Recent updates
Watanabe Sato (TSE:1807) Could Be Struggling To Allocate Capital
Mar 22
Watanabe Sato Co., Ltd. (TYO:1807) Has Got What It Takes To Be An Attractive Dividend Stock
Apr 30Returns On Capital At Watanabe Sato (TYO:1807) Have Hit The Brakes
Apr 12Watanabe Sato (TYO:1807) Has Gifted Shareholders With A Fantastic 124% Total Return On Their Investment
Mar 17Here's Why We Think Watanabe Sato (TYO:1807) Is Well Worth Watching
Feb 27These 4 Measures Indicate That Watanabe Sato (TYO:1807) Is Using Debt Safely
Feb 09You Have To Love Watanabe Sato Co., Ltd.'s (TYO:1807) Dividend
Jan 22
The Trends At Watanabe Sato (TYO:1807) That You Should Know About
Jan 05Should You Rely On Watanabe Sato's (TYO:1807) Earnings Growth?
Dec 18Did You Participate In Any Of Watanabe Sato's (TYO:1807) Respectable 64% Return?
Nov 29Financial Position Analysis
Short Term Liabilities: 1807's short term assets (¥19.4B) exceed its short term liabilities (¥9.5B).
Long Term Liabilities: 1807's short term assets (¥19.4B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 1807 has more cash than its total debt.
Reducing Debt: 1807's debt to equity ratio has reduced from 18.6% to 0.3% over the past 5 years.
Debt Coverage: 1807's debt is well covered by operating cash flow (4571.2%).
Interest Coverage: 1807 earns more interest than it pays, so coverage of interest payments is not a concern.