DEPPON LOGISTICS Balance Sheet Health
Financial Health criteria checks 6/6
DEPPON LOGISTICS has a total shareholder equity of CN¥7.8B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥17.4B and CN¥9.6B respectively. DEPPON LOGISTICS's EBIT is CN¥884.1M making its interest coverage ratio -85. It has cash and short-term investments of CN¥3.4B.
Key information
33.7%
Debt to equity ratio
CN¥2.63b
Debt
Interest coverage ratio | -85x |
Cash | CN¥3.36b |
Equity | CN¥7.79b |
Total liabilities | CN¥9.63b |
Total assets | CN¥17.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603056's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 603056's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603056 has more cash than its total debt.
Reducing Debt: 603056's debt to equity ratio has reduced from 48.2% to 33.7% over the past 5 years.
Debt Coverage: 603056's debt is well covered by operating cash flow (116%).
Interest Coverage: 603056 earns more interest than it pays, so coverage of interest payments is not a concern.