Wadakohsan Balance Sheet Health
Financial Health criteria checks 4/6
Wadakohsan has a total shareholder equity of ¥31.3B and total debt of ¥59.7B, which brings its debt-to-equity ratio to 190.5%. Its total assets and total liabilities are ¥105.4B and ¥74.1B respectively. Wadakohsan's EBIT is ¥4.2B making its interest coverage ratio 6.4. It has cash and short-term investments of ¥15.9B.
Key information
190.5%
Debt to equity ratio
JP¥59.66b
Debt
| Interest coverage ratio | 6.4x |
| Cash | JP¥15.87b |
| Equity | JP¥31.33b |
| Total liabilities | JP¥74.11b |
| Total assets | JP¥105.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8931's short term assets (¥75.6B) exceed its short term liabilities (¥33.7B).
Long Term Liabilities: 8931's short term assets (¥75.6B) exceed its long term liabilities (¥40.4B).
Debt to Equity History and Analysis
Debt Level: 8931's net debt to equity ratio (139.8%) is considered high.
Reducing Debt: 8931's debt to equity ratio has reduced from 223.3% to 190.5% over the past 5 years.
Debt Coverage: 8931's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8931's interest payments on its debt are well covered by EBIT (6.4x coverage).