Wacoal Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wacoal Holdings has a total shareholder equity of ¥215.1B and total debt of ¥9.1B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥294.0B and ¥78.9B respectively. Wacoal Holdings's EBIT is ¥4.1B making its interest coverage ratio -2.9. It has cash and short-term investments of ¥35.5B.
Key information
4.3%
Debt to equity ratio
JP¥9.15b
Debt
| Interest coverage ratio | -2.9x |
| Cash | JP¥35.54b |
| Equity | JP¥215.14b |
| Total liabilities | JP¥78.89b |
| Total assets | JP¥294.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3591's short term assets (¥112.1B) exceed its short term liabilities (¥49.1B).
Long Term Liabilities: 3591's short term assets (¥112.1B) exceed its long term liabilities (¥29.7B).
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 3.7% to 4.3% over the past 5 years.
Debt Coverage: 3591's debt is well covered by operating cash flow (123.5%).
Interest Coverage: 3591 earns more interest than it pays, so coverage of interest payments is not a concern.