Waida Mfg.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Waida Mfg.Ltd has a total shareholder equity of ¥9.9B and total debt of ¥461.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥11.5B and ¥1.6B respectively. Waida Mfg.Ltd's EBIT is ¥1.1B making its interest coverage ratio -52.9. It has cash and short-term investments of ¥4.2B.
Key information
4.6%
Debt to equity ratio
JP¥461.00m
Debt
| Interest coverage ratio | -52.9x |
| Cash | JP¥4.23b |
| Equity | JP¥9.92b |
| Total liabilities | JP¥1.58b |
| Total assets | JP¥11.50b |
Recent financial health updates
Recent updates
Waida Mfg.Ltd (TSE:6158) Will Pay A Dividend Of ¥20.00
Mar 22
Waida Mfg. Co.,Ltd. (TYO:6158) Investors Should Think About This Before Buying It For Its Dividend
May 06Should We Be Excited About The Trends Of Returns At Waida Mfg.Ltd (TYO:6158)?
Mar 14Waida Mfg.Ltd (TYO:6158) Has Gifted Shareholders With A Fantastic 136% Total Return On Their Investment
Feb 18Waida Mfg.Ltd (TYO:6158) Has A Pretty Healthy Balance Sheet
Jan 28Is Waida Mfg. Co.,Ltd.'s (TYO:6158) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 13Why Waida Mfg. Co.,Ltd. (TYO:6158) Is A Dividend Rockstar
Dec 29The Trends At Waida Mfg.Ltd (TYO:6158) That You Should Know About
Dec 14
Does Waida Mfg.Ltd's (TYO:6158) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 30Financial Position Analysis
Short Term Liabilities: 6158's short term assets (¥8.3B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6158's short term assets (¥8.3B) exceed its long term liabilities (¥521.0M).
Debt to Equity History and Analysis
Debt Level: 6158 has more cash than its total debt.
Reducing Debt: 6158's debt to equity ratio has reduced from 14.2% to 4.6% over the past 5 years.
Debt Coverage: 6158's debt is well covered by operating cash flow (139.5%).
Interest Coverage: 6158 earns more interest than it pays, so coverage of interest payments is not a concern.