Hanshin Diesel Works Balance Sheet Health
Financial Health criteria checks 6/6
Hanshin Diesel Works has a total shareholder equity of ¥14.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥23.4B and ¥9.1B respectively. Hanshin Diesel Works's EBIT is ¥346.0M making its interest coverage ratio -7.2. It has cash and short-term investments of ¥5.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -7.2x |
| Cash | JP¥5.13b |
| Equity | JP¥14.32b |
| Total liabilities | JP¥9.06b |
| Total assets | JP¥23.38b |
Recent financial health updates
No updates
Recent updates
Why We're Not Concerned Yet About The Hanshin Diesel Works, Ltd.'s (TSE:6018) 35% Share Price Plunge
Aug 05
Hanshin Diesel Works' (TSE:6018) Returns On Capital Not Reflecting Well On The Business
Aug 03The Hanshin Diesel Works, Ltd.'s (TSE:6018) 41% Price Boost Is Out Of Tune With Earnings
May 21Here's What's Concerning About Hanshin Diesel Works' (TSE:6018) Returns On Capital
Apr 21Earnings Tell The Story For The Hanshin Diesel Works, Ltd. (TSE:6018)
Feb 28Financial Position Analysis
Short Term Liabilities: 6018's short term assets (¥11.8B) exceed its short term liabilities (¥5.9B).
Long Term Liabilities: 6018's short term assets (¥11.8B) 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.