WashhouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
WashhouseLtd has a total shareholder equity of ¥1.8B and total debt of ¥834.0M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are ¥4.1B and ¥2.4B respectively. WashhouseLtd's EBIT is ¥14.0M making its interest coverage ratio 1.8. It has cash and short-term investments of ¥1.0B.
Key information
47.3%
Debt to equity ratio
JP¥834.00m
Debt
| Interest coverage ratio | 1.8x |
| Cash | JP¥1.01b |
| Equity | JP¥1.76b |
| Total liabilities | JP¥2.37b |
| Total assets | JP¥4.13b |
Financial Position Analysis
Short Term Liabilities: 6537's short term assets (¥2.4B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 6537's short term assets (¥2.4B) 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 1.4% to 47.3% 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: 6537 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6537 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 47.1% each year