WILLPLUS Holdings Balance Sheet Health
Financial Health criteria checks 4/6
WILLPLUS Holdings has a total shareholder equity of ¥10.0B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ¥24.3B and ¥14.3B respectively. WILLPLUS Holdings's EBIT is ¥1.5B making its interest coverage ratio 100.3. It has cash and short-term investments of ¥4.0B.
Key information
69.5%
Debt to equity ratio
JP¥6.93b
Debt
Interest coverage ratio | 100.3x |
Cash | JP¥3.99b |
Equity | JP¥9.98b |
Total liabilities | JP¥14.30b |
Total assets | JP¥24.27b |
Recent financial health updates
Recent updates
WILLPLUS Holdings (TSE:3538) Is Paying Out A Larger Dividend Than Last Year
Apr 25WILLPLUS Holdings (TSE:3538) Has A Somewhat Strained Balance Sheet
Mar 30WILLPLUS Holdings' (TSE:3538) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 12WILLPLUS Holdings' (TSE:3538) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Financial Position Analysis
Short Term Liabilities: 3538's short term assets (¥15.4B) exceed its short term liabilities (¥10.3B).
Long Term Liabilities: 3538's short term assets (¥15.4B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 3538's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 3538's debt to equity ratio has increased from 60.1% to 69.5% over the past 5 years.
Debt Coverage: 3538's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3538's interest payments on its debt are well covered by EBIT (100.3x coverage).