Japan Wool Textile Balance Sheet Health
Financial Health criteria checks 6/6
Japan Wool Textile has a total shareholder equity of ¥115.9B and total debt of ¥15.3B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ¥165.8B and ¥49.8B respectively. Japan Wool Textile's EBIT is ¥11.0B making its interest coverage ratio -18.4. It has cash and short-term investments of ¥34.7B.
Key information
13.2%
Debt to equity ratio
JP¥15.34b
Debt
Interest coverage ratio | -18.4x |
Cash | JP¥34.66b |
Equity | JP¥115.94b |
Total liabilities | JP¥49.81b |
Total assets | JP¥165.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3201's short term assets (¥90.4B) exceed its short term liabilities (¥31.5B).
Long Term Liabilities: 3201's short term assets (¥90.4B) exceed its long term liabilities (¥18.3B).
Debt to Equity History and Analysis
Debt Level: 3201 has more cash than its total debt.
Reducing Debt: 3201's debt to equity ratio has reduced from 23.9% to 13.2% over the past 5 years.
Debt Coverage: 3201's debt is well covered by operating cash flow (58.6%).
Interest Coverage: 3201 earns more interest than it pays, so coverage of interest payments is not a concern.