Japan Wool Textile Balance Sheet Health
Financial Health criteria checks 6/6
Japan Wool Textile has a total shareholder equity of ¥105.5B and total debt of ¥22.3B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are ¥163.0B and ¥57.5B respectively. Japan Wool Textile's EBIT is ¥10.2B making its interest coverage ratio -23.2. It has cash and short-term investments of ¥39.9B.
Key information
21.1%
Debt to equity ratio
JP¥22.28b
Debt
| Interest coverage ratio | -23.2x |
| Cash | JP¥39.92b |
| Equity | JP¥105.52b |
| Total liabilities | JP¥57.50b |
| Total assets | JP¥163.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JWTX.F's short term assets (¥91.2B) exceed its short term liabilities (¥38.5B).
Long Term Liabilities: JWTX.F's short term assets (¥91.2B) exceed its long term liabilities (¥19.0B).
Debt to Equity History and Analysis
Debt Level: JWTX.F has more cash than its total debt.
Reducing Debt: JWTX.F's debt to equity ratio has reduced from 23.8% to 21.1% over the past 5 years.
Debt Coverage: JWTX.F's debt is well covered by operating cash flow (55.7%).
Interest Coverage: JWTX.F earns more interest than it pays, so coverage of interest payments is not a concern.