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) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 06
World Holdings (TSE:2429) Has Announced That Its Dividend Will Be Reduced To ¥80.90
Aug 27World 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 20:30 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
World Holdings Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Kiyoshi Mori | Okasan Securities Co. Ltd. |
| null null | Storm Research Limited |