WDI Balance Sheet Health
Financial Health criteria checks 5/6
WDI has a total shareholder equity of ¥7.4B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are ¥23.0B and ¥15.7B respectively. WDI's EBIT is ¥1.4B making its interest coverage ratio 24.2. It has cash and short-term investments of ¥6.7B.
Key information
76.4%
Debt to equity ratio
JP¥5.63b
Debt
Interest coverage ratio | 24.2x |
Cash | JP¥6.71b |
Equity | JP¥7.38b |
Total liabilities | JP¥15.67b |
Total assets | JP¥23.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3068's short term assets (¥9.1B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 3068's short term assets (¥9.1B) do not cover its long term liabilities (¥9.6B).
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 168.8% to 76.4% over the past 5 years.
Debt Coverage: 3068's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 3068's interest payments on its debt are well covered by EBIT (24.2x coverage).