Trinity Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Trinity Industrial has a total shareholder equity of ¥31.0B and total debt of ¥13.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ¥44.8B and ¥13.8B respectively. Trinity Industrial's EBIT is ¥2.8B making its interest coverage ratio -23. It has cash and short-term investments of ¥17.0B.
Key information
0.04%
Debt to equity ratio
JP¥13.00m
Debt
Interest coverage ratio | -23x |
Cash | JP¥17.01b |
Equity | JP¥31.02b |
Total liabilities | JP¥13.75b |
Total assets | JP¥44.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6382's short term assets (¥31.2B) exceed its short term liabilities (¥11.9B).
Long Term Liabilities: 6382's short term assets (¥31.2B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6382 has more cash than its total debt.
Reducing Debt: 6382's debt to equity ratio has increased from 0.04% to 0.04% over the past 5 years.
Debt Coverage: 6382's debt is well covered by operating cash flow (27830.8%).
Interest Coverage: 6382 earns more interest than it pays, so coverage of interest payments is not a concern.