Union Tool Balance Sheet Health
Financial Health criteria checks 6/6
Union Tool has a total shareholder equity of ¥69.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥75.2B and ¥5.4B respectively. Union Tool's EBIT is ¥5.0B making its interest coverage ratio -21.1. It has cash and short-term investments of ¥17.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -21.1x |
| Cash | JP¥17.58b |
| Equity | JP¥69.75b |
| Total liabilities | JP¥5.42b |
| Total assets | JP¥75.17b |
Recent financial health updates
No updates
Recent updates
Union Tool (TSE:6278) Is Due To Pay A Dividend Of ¥45.00
Nov 15
Union Tool (TSE:6278) Will Pay A Dividend Of ¥45.00
Oct 29Union Tool (TSE:6278) Will Pay A Dividend Of ¥45.00
Aug 13Union Tool Co. (TSE:6278) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless
Aug 06Some Investors May Be Worried About Union Tool's (TSE:6278) Returns On Capital
Jul 24News Flash: Analysts Just Made A Notable Upgrade To Their Union Tool Co. (TSE:6278) Forecasts
May 29Union Tool Co. (TSE:6278) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 23Union Tool (TSE:6278) Has Affirmed Its Dividend Of ¥42.00
May 22Union Tool (TSE:6278) Is Due To Pay A Dividend Of ¥42.00
Apr 25Union Tool (TSE:6278) Will Pay A Dividend Of ¥42.00
Apr 11Investors Appear Satisfied With Union Tool Co.'s (TSE:6278) Prospects As Shares Rocket 28%
Mar 07Financial Position Analysis
Short Term Liabilities: 6278's short term assets (¥38.9B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 6278's short term assets (¥38.9B) exceed its long term liabilities (¥401.0M).
Debt to Equity History and Analysis
Debt Level: 6278 is debt free.
Reducing Debt: 6278 has not had any debt for past 5 years.
Debt Coverage: 6278 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6278 has no debt, therefore coverage of interest payments is not a concern.