WashhouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
WashhouseLtd has a total shareholder equity of ¥1.8B and total debt of ¥770.0M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ¥3.8B and ¥2.1B respectively. WashhouseLtd's EBIT is ¥17.0M making its interest coverage ratio 2.1. It has cash and short-term investments of ¥847.0M.
Key information
43.5%
Debt to equity ratio
JP¥770.00m
Debt
| Interest coverage ratio | 2.1x |
| Cash | JP¥847.00m |
| Equity | JP¥1.77b |
| Total liabilities | JP¥2.07b |
| Total assets | JP¥3.84b |
Recent financial health updates
Is WashhouseLtd (TSE:6537) Using Too Much Debt?
Nov 15
WashhouseLtd (TSE:6537) Takes On Some Risk With Its Use Of Debt
Mar 07Recent updates
Is WashhouseLtd (TSE:6537) Using Too Much Debt?
Nov 15Washhouse Co.,Ltd. (TSE:6537) Shares May Have Slumped 32% But Getting In Cheap Is Still Unlikely
Aug 24Revenues Not Telling The Story For Washhouse Co.,Ltd. (TSE:6537) After Shares Rise 28%
Jun 25Washhouse Co.,Ltd.'s (TSE:6537) 28% Price Boost Is Out Of Tune With Revenues
Mar 24WashhouseLtd (TSE:6537) Takes On Some Risk With Its Use Of Debt
Mar 07Financial Position Analysis
Short Term Liabilities: 6537's short term assets (¥2.1B) exceed its short term liabilities (¥985.0M).
Long Term Liabilities: 6537's short term assets (¥2.1B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 6537 has more cash than its total debt.
Reducing Debt: 6537's debt to equity ratio has increased from 0.7% to 43.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6537 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6537 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.2% per year.