WELLNEO SUGAR Balance Sheet Health
Financial Health criteria checks 5/6
WELLNEO SUGAR has a total shareholder equity of ¥72.6B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ¥95.1B and ¥22.5B respectively. WELLNEO SUGAR's EBIT is ¥8.1B making its interest coverage ratio -40.9. It has cash and short-term investments of ¥11.8B.
Key information
9.6%
Debt to equity ratio
JP¥6.95b
Debt
| Interest coverage ratio | -40.9x |
| Cash | JP¥11.83b |
| Equity | JP¥72.64b |
| Total liabilities | JP¥22.45b |
| Total assets | JP¥95.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2117's short term assets (¥37.2B) exceed its short term liabilities (¥18.8B).
Long Term Liabilities: 2117's short term assets (¥37.2B) exceed its long term liabilities (¥3.7B).
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 2.5% to 9.6% over the past 5 years.
Debt Coverage: 2117's debt is well covered by operating cash flow (149.4%).
Interest Coverage: 2117 earns more interest than it pays, so coverage of interest payments is not a concern.