Watami Balance Sheet Health
Financial Health criteria checks 5/6
Watami has a total shareholder equity of ¥22.9B and total debt of ¥18.6B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are ¥56.0B and ¥33.0B respectively. Watami's EBIT is ¥3.6B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥33.2B.
Key information
81.1%
Debt to equity ratio
JP¥18.62b
Debt
Interest coverage ratio | -7.5x |
Cash | JP¥33.17b |
Equity | JP¥22.95b |
Total liabilities | JP¥33.01b |
Total assets | JP¥55.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7522's short term assets (¥40.7B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 7522's short term assets (¥40.7B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 7522 has more cash than its total debt.
Reducing Debt: 7522's debt to equity ratio has increased from 40.6% to 81.1% over the past 5 years.
Debt Coverage: 7522's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 7522 earns more interest than it pays, so coverage of interest payments is not a concern.