Wadakohsan Balance Sheet Health
Financial Health criteria checks 4/6
Wadakohsan has a total shareholder equity of ¥30.7B and total debt of ¥52.6B, which brings its debt-to-equity ratio to 171.5%. Its total assets and total liabilities are ¥101.2B and ¥70.6B respectively. Wadakohsan's EBIT is ¥4.5B making its interest coverage ratio 7.5. It has cash and short-term investments of ¥17.3B.
Key information
171.5%
Debt to equity ratio
JP¥52.59b
Debt
Interest coverage ratio | 7.5x |
Cash | JP¥17.35b |
Equity | JP¥30.66b |
Total liabilities | JP¥70.57b |
Total assets | JP¥101.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8931's short term assets (¥72.4B) exceed its short term liabilities (¥34.7B).
Long Term Liabilities: 8931's short term assets (¥72.4B) exceed its long term liabilities (¥35.8B).
Debt to Equity History and Analysis
Debt Level: 8931's net debt to equity ratio (115%) is considered high.
Reducing Debt: 8931's debt to equity ratio has reduced from 216.9% to 171.5% 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 (7.5x coverage).