Watt Mann Balance Sheet Health
Financial Health criteria checks 5/6
Watt Mann has a total shareholder equity of ¥3.2B and total debt of ¥489.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥4.7B and ¥1.5B respectively. Watt Mann's EBIT is ¥677.0M making its interest coverage ratio 135.4. It has cash and short-term investments of ¥1.6B.
Key information
15.4%
Debt to equity ratio
JP¥489.00m
Debt
| Interest coverage ratio | 135.4x |
| Cash | JP¥1.60b |
| Equity | JP¥3.18b |
| Total liabilities | JP¥1.52b |
| Total assets | JP¥4.70b |
Recent financial health 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 (¥407.0M).
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 (83.6%).
Interest Coverage: 9927's interest payments on its debt are well covered by EBIT (135.4x coverage).