Watt Mann Balance Sheet Health
Financial Health criteria checks 5/6
Watt Mann has a total shareholder equity of ¥3.1B and total debt of ¥541.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ¥4.6B and ¥1.5B respectively. Watt Mann's EBIT is ¥605.0M making its interest coverage ratio 151.3. It has cash and short-term investments of ¥1.5B.
Key information
17.7%
Debt to equity ratio
JP¥541.00m
Debt
Interest coverage ratio | 151.3x |
Cash | JP¥1.54b |
Equity | JP¥3.06b |
Total liabilities | JP¥1.55b |
Total assets | JP¥4.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9927's short term assets (¥3.2B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 9927's short term assets (¥3.2B) exceed its long term liabilities (¥438.0M).
Debt to Equity History and Analysis
Debt Level: 9927 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9927's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9927's debt is well covered by operating cash flow (62.3%).
Interest Coverage: 9927's interest payments on its debt are well covered by EBIT (151.3x coverage).