DEPPON LOGISTICS Balance Sheet Health
Financial Health criteria checks 6/6
DEPPON LOGISTICS has a total shareholder equity of CN¥7.9B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥16.6B and CN¥8.8B respectively. DEPPON LOGISTICS's EBIT is CN¥683.5M making its interest coverage ratio 12.7. It has cash and short-term investments of CN¥3.4B.
Key information
12.8%
Debt to equity ratio
CN¥1.01b
Debt
| Interest coverage ratio | 12.7x |
| Cash | CN¥3.43b |
| Equity | CN¥7.89b |
| Total liabilities | CN¥8.76b |
| Total assets | CN¥16.65b |
Recent financial health updates
Recent updates
DEPPON LOGISTICS' (SHSE:603056) Earnings Offer More Than Meets The Eye
Aug 22
A Look At The Fair Value Of DEPPON LOGISTICS Co., LTD. (SHSE:603056)
Aug 16Market Still Lacking Some Conviction On DEPPON LOGISTICS Co., LTD. (SHSE:603056)
Jul 25Returns On Capital Signal Tricky Times Ahead For DEPPON LOGISTICS (SHSE:603056)
Jun 11Is DEPPON LOGISTICS (SHSE:603056) Using Too Much Debt?
May 22DEPPON LOGISTICS Co., LTD.'s (SHSE:603056) Shares Not Telling The Full Story
Apr 25Financial Position Analysis
Short Term Liabilities: 603056's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 603056's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥1.9B).
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 36.3% to 12.8% over the past 5 years.
Debt Coverage: 603056's debt is well covered by operating cash flow (349.3%).
Interest Coverage: 603056's interest payments on its debt are well covered by EBIT (12.7x coverage).