Warrantee Balance Sheet Health
Financial Health criteria checks 2/6
Warrantee has a total shareholder equity of ¥4.0M and total debt of ¥80.4M, which brings its debt-to-equity ratio to 2000.6%. Its total assets and total liabilities are ¥266.6M and ¥262.5M respectively. Warrantee's EBIT is ¥52.6M making its interest coverage ratio 14.6. It has cash and short-term investments of ¥1.7M.
Key information
2,000.6%
Debt to equity ratio
JP¥80.38m
Debt
| Interest coverage ratio | 14.6x |
| Cash | JP¥1.73m |
| Equity | JP¥4.02m |
| Total liabilities | JP¥262.54m |
| Total assets | JP¥266.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WRNT's short term assets (¥10.4M) do not cover its short term liabilities (¥166.7M).
Long Term Liabilities: WRNT's short term assets (¥10.4M) do not cover its long term liabilities (¥95.8M).
Debt to Equity History and Analysis
Debt Level: WRNT's net debt to equity ratio (1957.6%) is considered high.
Reducing Debt: Insufficient data to determine if WRNT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WRNT's debt is well covered by operating cash flow (51.8%).
Interest Coverage: WRNT's interest payments on its debt are well covered by EBIT (14.6x coverage).