WatahanLtd Balance Sheet Health
Financial Health criteria checks 4/6
WatahanLtd has a total shareholder equity of ¥22.9B and total debt of ¥26.0B, which brings its debt-to-equity ratio to 113.8%. Its total assets and total liabilities are ¥84.9B and ¥62.1B respectively. WatahanLtd's EBIT is ¥3.4B making its interest coverage ratio -1705. It has cash and short-term investments of ¥4.9B.
Key information
113.8%
Debt to equity ratio
JP¥26.01b
Debt
| Interest coverage ratio | -1705x |
| Cash | JP¥4.95b |
| Equity | JP¥22.86b |
| Total liabilities | JP¥62.08b |
| Total assets | JP¥84.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3199's short term assets (¥47.8B) exceed its short term liabilities (¥40.1B).
Long Term Liabilities: 3199's short term assets (¥47.8B) exceed its long term liabilities (¥22.0B).
Debt to Equity History and Analysis
Debt Level: 3199's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: 3199's debt to equity ratio has increased from 95.2% to 113.8% over the past 5 years.
Debt Coverage: 3199's debt is well covered by operating cash flow (47.9%).
Interest Coverage: 3199 earns more interest than it pays, so coverage of interest payments is not a concern.