WatahanLtd Balance Sheet Health
Financial Health criteria checks 3/6
WatahanLtd has a total shareholder equity of ¥23.4B and total debt of ¥29.3B, which brings its debt-to-equity ratio to 125.1%. Its total assets and total liabilities are ¥83.3B and ¥60.0B respectively. WatahanLtd's EBIT is ¥3.5B making its interest coverage ratio -383.7. It has cash and short-term investments of ¥4.2B.
Key information
125.1%
Debt to equity ratio
JP¥29.25b
Debt
| Interest coverage ratio | -383.7x |
| Cash | JP¥4.15b |
| Equity | JP¥23.39b |
| Total liabilities | JP¥59.95b |
| Total assets | JP¥83.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3199's short term assets (¥46.7B) exceed its short term liabilities (¥39.6B).
Long Term Liabilities: 3199's short term assets (¥46.7B) exceed its long term liabilities (¥20.3B).
Debt to Equity History and Analysis
Debt Level: 3199's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: 3199's debt to equity ratio has increased from 120.4% to 125.1% over the past 5 years.
Debt Coverage: 3199's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3199 earns more interest than it pays, so coverage of interest payments is not a concern.