WatahanLtd Balance Sheet Health
Financial Health criteria checks 5/6
WatahanLtd has a total shareholder equity of ¥22.2B and total debt of ¥21.6B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are ¥80.3B and ¥58.0B respectively. WatahanLtd's EBIT is ¥2.4B making its interest coverage ratio 203.6. It has cash and short-term investments of ¥5.7B.
Key information
97.0%
Debt to equity ratio
JP¥21.56b
Debt
Interest coverage ratio | 203.6x |
Cash | JP¥5.69b |
Equity | JP¥22.23b |
Total liabilities | JP¥58.04b |
Total assets | JP¥80.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3199's short term assets (¥45.4B) exceed its short term liabilities (¥37.7B).
Long Term Liabilities: 3199's short term assets (¥45.4B) exceed its long term liabilities (¥20.3B).
Debt to Equity History and Analysis
Debt Level: 3199's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 3199's debt to equity ratio has reduced from 98.5% to 97% over the past 5 years.
Debt Coverage: 3199's debt is well covered by operating cash flow (37%).
Interest Coverage: 3199's interest payments on its debt are well covered by EBIT (203.6x coverage).