WDI Balance Sheet Health
Financial Health criteria checks 5/6
WDI has a total shareholder equity of ¥8.1B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are ¥22.8B and ¥14.7B respectively. WDI's EBIT is ¥1.2B making its interest coverage ratio 18.4. It has cash and short-term investments of ¥6.0B.
Key information
66.0%
Debt to equity ratio
JP¥5.34b
Debt
| Interest coverage ratio | 18.4x |
| Cash | JP¥5.96b |
| Equity | JP¥8.09b |
| Total liabilities | JP¥14.73b |
| Total assets | JP¥22.82b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3068's short term assets (¥8.7B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 3068's short term assets (¥8.7B) do not cover its long term liabilities (¥9.4B).
Debt to Equity History and Analysis
Debt Level: 3068 has more cash than its total debt.
Reducing Debt: 3068's debt to equity ratio has reduced from 204.4% to 66% over the past 5 years.
Debt Coverage: 3068's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 3068's interest payments on its debt are well covered by EBIT (18.4x coverage).