WELLNEO SUGAR Balance Sheet Health
Financial Health criteria checks 4/6
WELLNEO SUGAR has a total shareholder equity of ¥70.6B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ¥94.5B and ¥23.9B respectively. WELLNEO SUGAR's EBIT is ¥5.5B making its interest coverage ratio -4.2. It has cash and short-term investments of ¥8.5B.
Key information
12.7%
Debt to equity ratio
JP¥9.00b
Debt
Interest coverage ratio | -4.2x |
Cash | JP¥8.49b |
Equity | JP¥70.63b |
Total liabilities | JP¥23.87b |
Total assets | JP¥94.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2117's short term assets (¥36.0B) exceed its short term liabilities (¥19.4B).
Long Term Liabilities: 2117's short term assets (¥36.0B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 2117's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 2117's debt to equity ratio has increased from 2.6% to 12.7% over the past 5 years.
Debt Coverage: 2117's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2117 earns more interest than it pays, so coverage of interest payments is not a concern.