WELLNEO SUGAR Balance Sheet Health
Financial Health criteria checks 5/6
WELLNEO SUGAR has a total shareholder equity of ¥71.0B and total debt of ¥8.0B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ¥92.6B and ¥21.7B respectively. WELLNEO SUGAR's EBIT is ¥7.2B making its interest coverage ratio -38.3. It has cash and short-term investments of ¥8.0B.
Key information
11.3%
Debt to equity ratio
JP¥8.02b
Debt
| Interest coverage ratio | -38.3x |
| Cash | JP¥8.03b |
| Equity | JP¥70.98b |
| Total liabilities | JP¥21.66b |
| Total assets | JP¥92.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2117's short term assets (¥34.8B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: 2117's short term assets (¥34.8B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 2117 has more cash than its total debt.
Reducing Debt: 2117's debt to equity ratio has increased from 2.6% to 11.3% over the past 5 years.
Debt Coverage: 2117's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 2117 earns more interest than it pays, so coverage of interest payments is not a concern.