Wagokoro Balance Sheet Health
Financial Health criteria checks 3/6
Wagokoro has a total shareholder equity of ¥485.0M and total debt of ¥433.0M, which brings its debt-to-equity ratio to 89.3%. Its total assets and total liabilities are ¥1.3B and ¥820.0M respectively. Wagokoro's EBIT is ¥315.0M making its interest coverage ratio 63. It has cash and short-term investments of ¥202.0M.
Key information
89.3%
Debt to equity ratio
JP¥433.00m
Debt
| Interest coverage ratio | 63x |
| Cash | JP¥202.00m |
| Equity | JP¥485.00m |
| Total liabilities | JP¥820.00m |
| Total assets | JP¥1.31b |
Recent financial health updates
Wagokoro (TSE:9271) Has A Pretty Healthy Balance Sheet
Oct 21
We Think Wagokoro (TSE:9271) Is Taking Some Risk With Its Debt
May 02Recent updates
Wagokoro (TSE:9271) Has A Pretty Healthy Balance Sheet
Oct 21We Believe Wagokoro's (TSE:9271) Earnings Are A Poor Guide For Its Profitability
Aug 21Wagokoro Co., Ltd. (TSE:9271) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 22We Think Wagokoro (TSE:9271) Is Taking Some Risk With Its Debt
May 02Financial Position Analysis
Short Term Liabilities: 9271's short term assets (¥930.0M) exceed its short term liabilities (¥741.0M).
Long Term Liabilities: 9271's short term assets (¥930.0M) exceed its long term liabilities (¥79.0M).
Debt to Equity History and Analysis
Debt Level: 9271's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: Insufficient data to determine if 9271's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9271's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9271's interest payments on its debt are well covered by EBIT (63x coverage).