WakitaLTD Balance Sheet Health
Financial Health criteria checks 6/6
WakitaLTD has a total shareholder equity of ¥100.8B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ¥143.9B and ¥43.1B respectively. WakitaLTD's EBIT is ¥5.5B making its interest coverage ratio 97.2. It has cash and short-term investments of ¥18.9B.
Key information
1.1%
Debt to equity ratio
JP¥1.08b
Debt
| Interest coverage ratio | 97.2x |
| Cash | JP¥18.94b |
| Equity | JP¥100.85b |
| Total liabilities | JP¥43.10b |
| Total assets | JP¥143.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8125's short term assets (¥47.9B) exceed its short term liabilities (¥21.5B).
Long Term Liabilities: 8125's short term assets (¥47.9B) exceed its long term liabilities (¥21.6B).
Debt to Equity History and Analysis
Debt Level: 8125 has more cash than its total debt.
Reducing Debt: 8125's debt to equity ratio has reduced from 3.2% to 1.1% over the past 5 years.
Debt Coverage: 8125's debt is well covered by operating cash flow (1179.6%).
Interest Coverage: 8125's interest payments on its debt are well covered by EBIT (97.2x coverage).