Hanshin Diesel Works Balance Sheet Health
Financial Health criteria checks 6/6
Hanshin Diesel Works has a total shareholder equity of ¥14.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥22.0B and ¥7.8B respectively. Hanshin Diesel Works's EBIT is ¥599.0M making its interest coverage ratio -15. It has cash and short-term investments of ¥5.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -15x |
Cash | JP¥5.45b |
Equity | JP¥14.19b |
Total liabilities | JP¥7.77b |
Total assets | JP¥21.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6018's short term assets (¥11.2B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 6018's short term assets (¥11.2B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 6018 is debt free.
Reducing Debt: 6018 had no debt 5 years ago.
Debt Coverage: 6018 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6018 has no debt, therefore coverage of interest payments is not a concern.