WriteupLtd Balance Sheet Health
Financial Health criteria checks 5/6
WriteupLtd has a total shareholder equity of ¥2.5B and total debt of ¥40.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥3.1B and ¥607.0M respectively.
Key information
1.6%
Debt to equity ratio
JP¥40.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥2.32b |
Equity | JP¥2.51b |
Total liabilities | JP¥607.00m |
Total assets | JP¥3.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6580's short term assets (¥2.7B) exceed its short term liabilities (¥568.0M).
Long Term Liabilities: 6580's short term assets (¥2.7B) exceed its long term liabilities (¥39.0M).
Debt to Equity History and Analysis
Debt Level: 6580 has more cash than its total debt.
Reducing Debt: 6580's debt to equity ratio has reduced from 1.8% to 1.6% over the past 5 years.
Debt Coverage: 6580's debt is well covered by operating cash flow (257.5%).
Interest Coverage: Insufficient data to determine if 6580's interest payments on its debt are well covered by EBIT.