World Holdings Balance Sheet Health
Financial Health criteria checks 3/6
World Holdings has a total shareholder equity of ¥44.4B and total debt of ¥85.4B, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are ¥161.6B and ¥117.2B respectively. World Holdings's EBIT is ¥7.0B making its interest coverage ratio 17.4. It has cash and short-term investments of ¥37.1B.
Key information
192.5%
Debt to equity ratio
JP¥85.43b
Debt
| Interest coverage ratio | 17.4x |
| Cash | JP¥37.07b |
| Equity | JP¥44.37b |
| Total liabilities | JP¥117.20b |
| Total assets | JP¥161.57b |
Recent financial health updates
No updates
Recent updates
World Holdings (TSE:2429) Has Announced That Its Dividend Will Be Reduced To ¥80.90
Aug 27
World Holdings' (TSE:2429) Dividend Is Being Reduced To ¥80.90
Aug 08Positive Sentiment Still Eludes World Holdings Co., Ltd. (TSE:2429) Following 26% Share Price Slump
Aug 05Estimating The Intrinsic Value Of World Holdings Co., Ltd. (TSE:2429)
Aug 02Financial Position Analysis
Short Term Liabilities: 2429's short term assets (¥135.6B) exceed its short term liabilities (¥73.2B).
Long Term Liabilities: 2429's short term assets (¥135.6B) exceed its long term liabilities (¥44.0B).
Debt to Equity History and Analysis
Debt Level: 2429's net debt to equity ratio (109%) is considered high.
Reducing Debt: 2429's debt to equity ratio has increased from 187.2% to 192.5% over the past 5 years.
Debt Coverage: 2429's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 2429's interest payments on its debt are well covered by EBIT (17.4x coverage).