Wakou Shokuhin Balance Sheet Health
Financial Health criteria checks 6/6
Wakou Shokuhin has a total shareholder equity of ¥6.8B and total debt of ¥2.7B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are ¥13.1B and ¥6.3B respectively. Wakou Shokuhin's EBIT is ¥1.2B making its interest coverage ratio 173.3. It has cash and short-term investments of ¥2.3B.
Key information
39.3%
Debt to equity ratio
JP¥2.66b
Debt
| Interest coverage ratio | 173.3x |
| Cash | JP¥2.32b |
| Equity | JP¥6.78b |
| Total liabilities | JP¥6.32b |
| Total assets | JP¥13.09b |
Recent financial health updates
Does Wakou Shokuhin (TSE:2813) Have A Healthy Balance Sheet?
Mar 22
Wakou Shokuhin (TYO:2813) Has Debt But No Earnings; Should You Worry?
Mar 04Is Wakou Shokuhin (TYO:2813) Using Too Much Debt?
Nov 18
Recent updates
Does Wakou Shokuhin (TSE:2813) Have A Healthy Balance Sheet?
Mar 22Wakou Shokuhin Co., Ltd. (TSE:2813) Shares Fly 48% But Investors Aren't Buying For Growth
Feb 26Should You Buy Wakou Shokuhin Co., Ltd. (TYO:2813) For Its 2.0% Dividend?
Apr 26Wakou Shokuhin (TYO:2813) Has Debt But No Earnings; Should You Worry?
Mar 04Zooming in on TYO:2813's 2.1% Dividend Yield
Jan 10Is Wakou Shokuhin (TYO:2813) Using Too Much Debt?
Nov 18Financial Position Analysis
Short Term Liabilities: 2813's short term assets (¥7.2B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 2813's short term assets (¥7.2B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 2813's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 2813's debt to equity ratio has reduced from 44.4% to 39.3% over the past 5 years.
Debt Coverage: 2813's debt is well covered by operating cash flow (48.9%).
Interest Coverage: 2813's interest payments on its debt are well covered by EBIT (173.3x coverage).