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 ¥513.0M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ¥4.9B and ¥1.7B respectively. Watt Mann's EBIT is ¥649.0M making its interest coverage ratio 129.8. It has cash and short-term investments of ¥1.9B.
Key information
15.8%
Debt to equity ratio
JP¥513.00m
Debt
Interest coverage ratio | 129.8x |
Cash | JP¥1.88b |
Equity | JP¥3.24b |
Total liabilities | JP¥1.71b |
Total assets | JP¥4.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9927's short term assets (¥3.5B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9927's short term assets (¥3.5B) exceed its long term liabilities (¥428.0M).
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 (79.7%).
Interest Coverage: 9927's interest payments on its debt are well covered by EBIT (129.8x coverage).