Japan Living Warranty Balance Sheet Health
Financial Health criteria checks 4/6
Japan Living Warranty has a total shareholder equity of ¥2.3B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are ¥21.6B and ¥19.3B respectively. Japan Living Warranty's EBIT is ¥949.0M making its interest coverage ratio -73. It has cash and short-term investments of ¥3.5B.
Key information
110.8%
Debt to equity ratio
JP¥2.56b
Debt
Interest coverage ratio | -73x |
Cash | JP¥3.54b |
Equity | JP¥2.31b |
Total liabilities | JP¥19.28b |
Total assets | JP¥21.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7320's short term assets (¥7.6B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 7320's short term assets (¥7.6B) do not cover its long term liabilities (¥16.0B).
Debt to Equity History and Analysis
Debt Level: 7320 has more cash than its total debt.
Reducing Debt: 7320's debt to equity ratio has increased from 0% to 110.8% over the past 5 years.
Debt Coverage: 7320's debt is well covered by operating cash flow (61.1%).
Interest Coverage: 7320 earns more interest than it pays, so coverage of interest payments is not a concern.