Japan Wool Textile Balance Sheet Health
Financial Health criteria checks 6/6
Japan Wool Textile has a total shareholder equity of ¥120.4B and total debt of ¥14.6B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ¥175.2B and ¥54.7B respectively. Japan Wool Textile's EBIT is ¥12.1B making its interest coverage ratio -18.9. It has cash and short-term investments of ¥32.7B.
Key information
12.1%
Debt to equity ratio
JP¥14.63b
Debt
| Interest coverage ratio | -18.9x |
| Cash | JP¥32.73b |
| Equity | JP¥120.44b |
| Total liabilities | JP¥54.74b |
| Total assets | JP¥175.18b |
Recent financial health updates
No updates
Recent updates
Japan Wool Textile's (TSE:3201) Dividend Will Be Increased To ¥20.00
Aug 28
Japan Wool Textile (TSE:3201) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Jul 29Japan Wool Textile's (TSE:3201) Upcoming Dividend Will Be Larger Than Last Year's
Jul 15Japan Wool Textile (TSE:3201) Has Announced A Dividend Of ¥16.00
May 22Japan Wool Textile (TSE:3201) Will Pay A Dividend Of ¥16.00
May 01Japan Wool Textile (TSE:3201) Has Announced A Dividend Of ¥16.00
Apr 17Japan Wool Textile (TSE:3201) Is Due To Pay A Dividend Of ¥16.00
Mar 04Financial Position Analysis
Short Term Liabilities: 3201's short term assets (¥94.0B) exceed its short term liabilities (¥36.5B).
Long Term Liabilities: 3201's short term assets (¥94.0B) exceed its long term liabilities (¥18.2B).
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 21.3% to 12.1% over the past 5 years.
Debt Coverage: 3201's debt is well covered by operating cash flow (69.3%).
Interest Coverage: 3201 earns more interest than it pays, so coverage of interest payments is not a concern.