Wellnet Balance Sheet Health
Financial Health criteria checks 5/6
Wellnet has a total shareholder equity of ¥8.4B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ¥27.1B and ¥18.8B respectively. Wellnet's EBIT is ¥1.2B making its interest coverage ratio 416.2. It has cash and short-term investments of ¥16.7B.
Key information
20.6%
Debt to equity ratio
JP¥1.73b
Debt
| Interest coverage ratio | 416.2x |
| Cash | JP¥16.66b |
| Equity | JP¥8.38b |
| Total liabilities | JP¥18.76b |
| Total assets | JP¥27.14b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Wellnet Corporation (TSE:2428) As Its Stock Soars 25%
Nov 24
Market Participants Recognise Wellnet Corporation's (TSE:2428) Earnings Pushing Shares 25% Higher
Aug 31Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Jun 19Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
May 24Wellnet's (TSE:2428) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Wellnet (TSE:2428) Is Increasing Its Dividend To ¥21.00
Apr 26Wellnet's (TSE:2428) Dividend Will Be Increased To ¥21.00
Mar 23Financial Position Analysis
Short Term Liabilities: 2428's short term assets (¥21.7B) exceed its short term liabilities (¥16.9B).
Long Term Liabilities: 2428's short term assets (¥21.7B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 2428 has more cash than its total debt.
Reducing Debt: 2428's debt to equity ratio has increased from 0% to 20.6% over the past 5 years.
Debt Coverage: 2428's debt is well covered by operating cash flow (153.3%).
Interest Coverage: 2428's interest payments on its debt are well covered by EBIT (416.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wellnet Corporation is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaname Fujita | Ichiyoshi Research Institute Inc. |
| Haruki Fukuoka | Marusan Securities Co. Ltd. |
| Masato Araki | Mitsubishi UFJ Morgan Stanley Securities Company Limited |