WakitaLTD Balance Sheet Health
Financial Health criteria checks 6/6
WakitaLTD has a total shareholder equity of ¥99.5B and total debt of ¥843.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥140.3B and ¥40.8B respectively. WakitaLTD's EBIT is ¥5.6B making its interest coverage ratio 348.6. It has cash and short-term investments of ¥19.5B.
Key information
0.8%
Debt to equity ratio
JP¥843.00m
Debt
| Interest coverage ratio | 348.6x |
| Cash | JP¥19.55b |
| Equity | JP¥99.54b |
| Total liabilities | JP¥40.80b |
| Total assets | JP¥140.34b |
Recent financial health updates
No updates
Recent updates
WakitaLTD's (TSE:8125) Soft Earnings Are Actually Better Than They Appear
Oct 19
WakitaLTD's (TSE:8125) Upcoming Dividend Will Be Larger Than Last Year's
Oct 14WakitaLTD's (TSE:8125) Soft Earnings Don't Show The Whole Picture
Apr 19WakitaLTD's (TSE:8125) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 8125's short term assets (¥47.5B) exceed its short term liabilities (¥20.6B).
Long Term Liabilities: 8125's short term assets (¥47.5B) exceed its long term liabilities (¥20.2B).
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 3.4% to 0.8% over the past 5 years.
Debt Coverage: 8125's debt is well covered by operating cash flow (1560.7%).
Interest Coverage: 8125's interest payments on its debt are well covered by EBIT (348.6x coverage).