Wedge HoldingsLTD Balance Sheet Health
Financial Health criteria checks 6/6
Wedge HoldingsLTD has a total shareholder equity of ¥3.0B and total debt of ¥455.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥3.6B and ¥684.0M respectively.
Key information
15.4%
Debt to equity ratio
JP¥455.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥576.00m |
Equity | JP¥2.96b |
Total liabilities | JP¥684.00m |
Total assets | JP¥3.64b |
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 (¥305.0M).
Long Term Liabilities: 2388's short term assets (¥1.4B) exceed its long term liabilities (¥379.0M).
Debt to Equity History and Analysis
Debt Level: 2388 has more cash than its total debt.
Reducing Debt: 2388's debt to equity ratio has reduced from 152.6% to 15.4% 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 1.5 years if free cash flow continues to reduce at historical rates of 25.8% each year.