Warabeya Nichiyo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Warabeya Nichiyo Holdings has a total shareholder equity of ¥54.3B and total debt of ¥11.8B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥102.0B and ¥47.7B respectively. Warabeya Nichiyo Holdings's EBIT is ¥6.4B making its interest coverage ratio -44.3. It has cash and short-term investments of ¥8.1B.
Key information
21.7%
Debt to equity ratio
JP¥11.81b
Debt
Interest coverage ratio | -44.3x |
Cash | JP¥8.12b |
Equity | JP¥54.31b |
Total liabilities | JP¥47.65b |
Total assets | JP¥101.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2918's short term assets (¥31.3B) exceed its short term liabilities (¥22.1B).
Long Term Liabilities: 2918's short term assets (¥31.3B) exceed its long term liabilities (¥25.5B).
Debt to Equity History and Analysis
Debt Level: 2918's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 2918's debt to equity ratio has increased from 7% to 21.7% over the past 5 years.
Debt Coverage: 2918's debt is well covered by operating cash flow (79.4%).
Interest Coverage: 2918 earns more interest than it pays, so coverage of interest payments is not a concern.