Welbe Balance Sheet Health
Financial Health criteria checks 5/6
Welbe has a total shareholder equity of ¥4.5B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are ¥9.4B and ¥4.9B respectively. Welbe's EBIT is ¥1.7B making its interest coverage ratio 214.8. It has cash and short-term investments of ¥3.8B.
Key information
78.9%
Debt to equity ratio
JP¥3.55b
Debt
| Interest coverage ratio | 214.8x |
| Cash | JP¥3.79b |
| Equity | JP¥4.50b |
| Total liabilities | JP¥4.91b |
| Total assets | JP¥9.41b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6556's short term assets (¥6.5B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 6556's short term assets (¥6.5B) exceed its long term liabilities (¥356.0M).
Debt to Equity History and Analysis
Debt Level: 6556 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6556's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6556's debt is well covered by operating cash flow (69.3%).
Interest Coverage: 6556's interest payments on its debt are well covered by EBIT (214.8x coverage).