Wavelock Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Wavelock Holdings has a total shareholder equity of ¥16.2B and total debt of ¥4.9B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ¥27.4B and ¥11.2B respectively. Wavelock Holdings's EBIT is ¥424.0M making its interest coverage ratio 17.7. It has cash and short-term investments of ¥2.6B.
Key information
30.0%
Debt to equity ratio
JP¥4.85b
Debt
Interest coverage ratio | 17.7x |
Cash | JP¥2.55b |
Equity | JP¥16.20b |
Total liabilities | JP¥11.21b |
Total assets | JP¥27.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7940's short term assets (¥16.9B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 7940's short term assets (¥16.9B) exceed its long term liabilities (¥4.6B).
Debt to Equity History and Analysis
Debt Level: 7940's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 7940's debt to equity ratio has reduced from 90.9% to 30% over the past 5 years.
Debt Coverage: 7940's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7940's interest payments on its debt are well covered by EBIT (17.7x coverage).