Union Tool Balance Sheet Health
Financial Health criteria checks 6/6
Union Tool has a total shareholder equity of ¥71.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥77.3B and ¥5.5B respectively. Union Tool's EBIT is ¥4.8B making its interest coverage ratio -19.8. It has cash and short-term investments of ¥21.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -19.8x |
| Cash | JP¥21.59b |
| Equity | JP¥71.77b |
| Total liabilities | JP¥5.49b |
| Total assets | JP¥77.26b |
Recent financial health updates
No updates
Recent updates
Union Tool (TSE:6278) Will Pay A Dividend Of ¥45.00
Aug 13
Union 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 (¥43.4B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 6278's short term assets (¥43.4B) exceed its long term liabilities (¥623.0M).
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.