Wakachiku Construction Balance Sheet Health
Financial Health criteria checks 6/6
Wakachiku Construction has a total shareholder equity of ¥46.1B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥82.7B and ¥36.6B respectively. Wakachiku Construction's EBIT is ¥4.7B making its interest coverage ratio -669.1. It has cash and short-term investments of ¥18.2B.
Key information
5.2%
Debt to equity ratio
JP¥2.40b
Debt
| Interest coverage ratio | -669.1x |
| Cash | JP¥18.18b |
| Equity | JP¥46.05b |
| Total liabilities | JP¥36.63b |
| Total assets | JP¥82.68b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond Wakachiku Construction's (TSE:1888) Lackluster Earnings
Nov 21
Wakachiku Construction's (TSE:1888) Upcoming Dividend Will Be Larger Than Last Year's
Nov 13Wakachiku Construction's (TSE:1888) Problems Go Beyond Weak Profit
May 22These 4 Measures Indicate That Wakachiku Construction (TSE:1888) Is Using Debt Safely
Mar 19Wakachiku Construction (TSE:1888) Has Announced A Dividend Of ¥100.00
Mar 02Financial Position Analysis
Short Term Liabilities: 1888's short term assets (¥61.4B) exceed its short term liabilities (¥32.3B).
Long Term Liabilities: 1888's short term assets (¥61.4B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 1888 has more cash than its total debt.
Reducing Debt: 1888's debt to equity ratio has reduced from 21% to 5.2% over the past 5 years.
Debt Coverage: 1888's debt is well covered by operating cash flow (441.1%).
Interest Coverage: 1888 earns more interest than it pays, so coverage of interest payments is not a concern.