Needs Well Balance Sheet Health
Financial Health criteria checks 5/6
Needs Well has a total shareholder equity of ¥4.2B and total debt of ¥37.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥5.7B and ¥1.4B respectively. Needs Well's EBIT is ¥1.2B making its interest coverage ratio -107.8. It has cash and short-term investments of ¥2.1B.
Key information
0.9%
Debt to equity ratio
JP¥37.00m
Debt
| Interest coverage ratio | -107.8x |
| Cash | JP¥2.10b |
| Equity | JP¥4.23b |
| Total liabilities | JP¥1.42b |
| Total assets | JP¥5.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3992's short term assets (¥4.1B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 3992's short term assets (¥4.1B) exceed its long term liabilities (¥169.0M).
Debt to Equity History and Analysis
Debt Level: 3992 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3992's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3992's debt is well covered by operating cash flow (1208.1%).
Interest Coverage: 3992 earns more interest than it pays, so coverage of interest payments is not a concern.