Wedge HoldingsLTD Balance Sheet Health
Financial Health criteria checks 6/6
Wedge HoldingsLTD has a total shareholder equity of ¥3.1B and total debt of ¥392.0M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ¥3.8B and ¥623.0M respectively.
Key information
12.5%
Debt to equity ratio
JP¥392.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥357.00m |
| Equity | JP¥3.13b |
| Total liabilities | JP¥623.00m |
| Total assets | JP¥3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2388's short term assets (¥1.4B) exceed its short term liabilities (¥243.0M).
Long Term Liabilities: 2388's short term assets (¥1.4B) exceed its long term liabilities (¥380.0M).
Debt to Equity History and Analysis
Debt Level: 2388's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 2388's debt to equity ratio has reduced from 149.9% to 12.5% 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: 2388 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2388 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29% each year