Union Tool Balance Sheet Health
Financial Health criteria checks 6/6
Union Tool has a total shareholder equity of ¥67.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥70.6B and ¥3.3B respectively. Union Tool's EBIT is ¥3.7B making its interest coverage ratio -16.5. It has cash and short-term investments of ¥20.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -16.5x |
Cash | JP¥20.07b |
Equity | JP¥67.28b |
Total liabilities | JP¥3.33b |
Total assets | JP¥70.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6278's short term assets (¥39.5B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 6278's short term assets (¥39.5B) exceed its long term liabilities (¥626.0M).
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.