World Holdings Balance Sheet Health
Financial Health criteria checks 3/6
World Holdings has a total shareholder equity of ¥42.9B and total debt of ¥78.8B, which brings its debt-to-equity ratio to 183.5%. Its total assets and total liabilities are ¥159.2B and ¥116.3B respectively. World Holdings's EBIT is ¥10.4B making its interest coverage ratio 41.3. It has cash and short-term investments of ¥40.8B.
Key information
183.5%
Debt to equity ratio
JP¥78.78b
Debt
Interest coverage ratio | 41.3x |
Cash | JP¥40.85b |
Equity | JP¥42.93b |
Total liabilities | JP¥116.28b |
Total assets | JP¥159.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2429's short term assets (¥133.9B) exceed its short term liabilities (¥76.8B).
Long Term Liabilities: 2429's short term assets (¥133.9B) exceed its long term liabilities (¥39.5B).
Debt to Equity History and Analysis
Debt Level: 2429's net debt to equity ratio (88.4%) is considered high.
Reducing Debt: 2429's debt to equity ratio has increased from 167.5% to 183.5% over the past 5 years.
Debt Coverage: 2429's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2429's interest payments on its debt are well covered by EBIT (41.3x coverage).