Will Group Balance Sheet Health
Financial Health criteria checks 6/6
Will Group has a total shareholder equity of ¥17.5B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ¥51.5B and ¥34.0B respectively. Will Group's EBIT is ¥4.5B making its interest coverage ratio -565.8. It has cash and short-term investments of ¥7.3B.
Key information
33.8%
Debt to equity ratio
JP¥5.93b
Debt
Interest coverage ratio | -565.8x |
Cash | JP¥7.28b |
Equity | JP¥17.52b |
Total liabilities | JP¥34.03b |
Total assets | JP¥51.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6089's short term assets (¥26.1B) exceed its short term liabilities (¥24.5B).
Long Term Liabilities: 6089's short term assets (¥26.1B) exceed its long term liabilities (¥9.5B).
Debt to Equity History and Analysis
Debt Level: 6089 has more cash than its total debt.
Reducing Debt: 6089's debt to equity ratio has reduced from 226.1% to 33.8% over the past 5 years.
Debt Coverage: 6089's debt is well covered by operating cash flow (64.6%).
Interest Coverage: 6089 earns more interest than it pays, so coverage of interest payments is not a concern.