Wacom Balance Sheet Health
Financial Health criteria checks 6/6
Wacom has a total shareholder equity of ¥39.6B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥85.6B and ¥45.9B respectively. Wacom's EBIT is ¥3.0B making its interest coverage ratio 72.8. It has cash and short-term investments of ¥25.5B.
Key information
35.3%
Debt to equity ratio
JP¥14.00b
Debt
Interest coverage ratio | 72.8x |
Cash | JP¥25.54b |
Equity | JP¥39.63b |
Total liabilities | JP¥45.93b |
Total assets | JP¥85.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WACM.Y's short term assets (¥70.2B) exceed its short term liabilities (¥36.1B).
Long Term Liabilities: WACM.Y's short term assets (¥70.2B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: WACM.Y has more cash than its total debt.
Reducing Debt: WACM.Y's debt to equity ratio has reduced from 50.1% to 35.3% over the past 5 years.
Debt Coverage: WACM.Y's debt is well covered by operating cash flow (114.6%).
Interest Coverage: WACM.Y's interest payments on its debt are well covered by EBIT (72.8x coverage).