WILLCo.Ltd Balance Sheet Health
Financial Health criteria checks 3/6
WILLCo.Ltd has a total shareholder equity of ¥4.4B and total debt of ¥8.3B, which brings its debt-to-equity ratio to 187.5%. Its total assets and total liabilities are ¥14.4B and ¥9.9B respectively. WILLCo.Ltd's EBIT is ¥999.0M making its interest coverage ratio 17.5. It has cash and short-term investments of ¥2.8B.
Key information
187.5%
Debt to equity ratio
JP¥8.34b
Debt
Interest coverage ratio | 17.5x |
Cash | JP¥2.82b |
Equity | JP¥4.45b |
Total liabilities | JP¥9.94b |
Total assets | JP¥14.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3241's short term assets (¥8.8B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 3241's short term assets (¥8.8B) exceed its long term liabilities (¥5.8B).
Debt to Equity History and Analysis
Debt Level: 3241's net debt to equity ratio (124.2%) is considered high.
Reducing Debt: 3241's debt to equity ratio has increased from 135.2% to 187.5% over the past 5 years.
Debt Coverage: 3241's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 3241's interest payments on its debt are well covered by EBIT (17.5x coverage).