Wellbin GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wellbin GroupLtd has a total shareholder equity of ¥1.6B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 282%. Its total assets and total liabilities are ¥7.5B and ¥5.9B respectively. Wellbin GroupLtd's EBIT is ¥555.0M making its interest coverage ratio 26.4. It has cash and short-term investments of ¥1.8B.
Key information
282.0%
Debt to equity ratio
JP¥4.62b
Debt
Interest coverage ratio | 26.4x |
Cash | JP¥1.77b |
Equity | JP¥1.64b |
Total liabilities | JP¥5.88b |
Total assets | JP¥7.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7136's short term assets (¥4.4B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 7136's short term assets (¥4.4B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 7136's net debt to equity ratio (174.3%) is considered high.
Reducing Debt: Insufficient data to determine if 7136's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7136's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7136's interest payments on its debt are well covered by EBIT (26.4x coverage).