Wacoal Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wacoal Holdings has a total shareholder equity of ¥209.8B and total debt of ¥8.9B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥281.3B and ¥71.5B respectively. Wacoal Holdings's EBIT is ¥3.7B making its interest coverage ratio -1.8. It has cash and short-term investments of ¥32.5B.
Key information
4.3%
Debt to equity ratio
JP¥8.94b
Debt
| Interest coverage ratio | -1.8x |
| Cash | JP¥32.51b |
| Equity | JP¥209.81b |
| Total liabilities | JP ¥71.47b |
| Total assets | JP¥281.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3591's short term assets (¥111.5B) exceed its short term liabilities (¥44.8B).
Long Term Liabilities: 3591's short term assets (¥111.5B) exceed its long term liabilities (¥26.6B).
Debt to Equity History and Analysis
Debt Level: 3591 has more cash than its total debt.
Reducing Debt: 3591's debt to equity ratio has increased from 3.6% to 4.3% over the past 5 years.
Debt Coverage: 3591's debt is well covered by operating cash flow (97.3%).
Interest Coverage: 3591 earns more interest than it pays, so coverage of interest payments is not a concern.