Wadakohsan Balance Sheet Health
Financial Health criteria checks 4/6
Wadakohsan has a total shareholder equity of ¥30.8B and total debt of ¥59.7B, which brings its debt-to-equity ratio to 194.1%. Its total assets and total liabilities are ¥106.2B and ¥75.4B respectively. Wadakohsan's EBIT is ¥4.0B making its interest coverage ratio 6.3. It has cash and short-term investments of ¥18.0B.
Key information
194.1%
Debt to equity ratio
JP¥59.73b
Debt
Interest coverage ratio | 6.3x |
Cash | JP¥17.97b |
Equity | JP¥30.77b |
Total liabilities | JP¥75.40b |
Total assets | JP¥106.17b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8931's short term assets (¥76.9B) exceed its short term liabilities (¥35.6B).
Long Term Liabilities: 8931's short term assets (¥76.9B) exceed its long term liabilities (¥39.8B).
Debt to Equity History and Analysis
Debt Level: 8931's net debt to equity ratio (135.7%) is considered high.
Reducing Debt: 8931's debt to equity ratio has reduced from 236.7% to 194.1% 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 (6.3x coverage).