WDI Balance Sheet Health
Financial Health criteria checks 5/6
WDI has a total shareholder equity of ¥7.2B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are ¥23.1B and ¥16.0B respectively. WDI's EBIT is ¥1.3B making its interest coverage ratio 26.9. It has cash and short-term investments of ¥6.5B.
Key information
84.9%
Debt to equity ratio
JP¥6.07b
Debt
| Interest coverage ratio | 26.9x |
| Cash | JP¥6.52b |
| Equity | JP¥7.15b |
| Total liabilities | JP¥15.97b |
| Total assets | JP¥23.13b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3068's short term assets (¥9.0B) exceed its short term liabilities (¥5.6B).
Long Term Liabilities: 3068's short term assets (¥9.0B) do not cover its long term liabilities (¥10.3B).
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 175.9% to 84.9% over the past 5 years.
Debt Coverage: 3068's debt is well covered by operating cash flow (34%).
Interest Coverage: 3068's interest payments on its debt are well covered by EBIT (26.9x coverage).