World Balance Sheet Health
Financial Health criteria checks 3/6
World has a total shareholder equity of ¥88.4B and total debt of ¥74.3B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ¥239.7B and ¥151.3B respectively. World's EBIT is ¥12.6B making its interest coverage ratio 17. It has cash and short-term investments of ¥21.1B.
Key information
84.0%
Debt to equity ratio
JP¥74.25b
Debt
Interest coverage ratio | 17x |
Cash | JP¥21.09b |
Equity | JP¥88.42b |
Total liabilities | JP¥151.27b |
Total assets | JP¥239.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3612's short term assets (¥66.4B) do not cover its short term liabilities (¥82.7B).
Long Term Liabilities: 3612's short term assets (¥66.4B) do not cover its long term liabilities (¥68.6B).
Debt to Equity History and Analysis
Debt Level: 3612's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 3612's debt to equity ratio has reduced from 111.4% to 84% over the past 5 years.
Debt Coverage: 3612's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 3612's interest payments on its debt are well covered by EBIT (17x coverage).