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 ¥13.4B making its interest coverage ratio 22.8. It has cash and short-term investments of ¥20.8B.
Key information
84.0%
Debt to equity ratio
JP¥74.25b
Debt
| Interest coverage ratio | 22.8x |
| Cash | JP¥20.85b |
| Equity | JP¥88.42b |
| Total liabilities | JP¥151.27b |
| Total assets | JP¥239.69b |
Recent financial health updates
No updates
Recent updates
World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year's
Nov 21
World (TSE:3612) Is Paying Out A Larger Dividend Than Last Year
Nov 06World (TSE:3612) Has Announced That It Will Be Increasing Its Dividend To ¥38.00
Oct 06Calculating The Intrinsic Value Of World Co., Ltd. (TSE:3612)
Aug 05We Think World's (TSE:3612) Robust Earnings Are Conservative
Apr 10Financial 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 (60.4%) 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 (22.8x coverage).