WingArc1st Balance Sheet Health
Financial Health criteria checks 6/6
WingArc1st has a total shareholder equity of ¥39.1B and total debt of ¥9.9B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ¥66.0B and ¥26.9B respectively. WingArc1st's EBIT is ¥7.4B making its interest coverage ratio -612.7. It has cash and short-term investments of ¥13.0B.
Key information
25.4%
Debt to equity ratio
JP¥9.94b
Debt
Interest coverage ratio | -612.7x |
Cash | JP¥13.03b |
Equity | JP¥39.09b |
Total liabilities | JP¥26.86b |
Total assets | JP¥65.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4432's short term assets (¥15.3B) exceed its short term liabilities (¥13.3B).
Long Term Liabilities: 4432's short term assets (¥15.3B) exceed its long term liabilities (¥13.5B).
Debt to Equity History and Analysis
Debt Level: 4432 has more cash than its total debt.
Reducing Debt: 4432's debt to equity ratio has reduced from 114% to 25.4% over the past 5 years.
Debt Coverage: 4432's debt is well covered by operating cash flow (78.9%).
Interest Coverage: 4432 earns more interest than it pays, so coverage of interest payments is not a concern.