UNIVERSAL ENGEISHA Balance Sheet Health
Financial Health criteria checks 5/6
UNIVERSAL ENGEISHA has a total shareholder equity of ¥11.0B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ¥15.0B and ¥4.1B respectively. UNIVERSAL ENGEISHA's EBIT is ¥1.9B making its interest coverage ratio -191.6. It has cash and short-term investments of ¥3.9B.
Key information
10.6%
Debt to equity ratio
JP¥1.17b
Debt
| Interest coverage ratio | -191.6x |
| Cash | JP¥3.95b |
| Equity | JP¥10.98b |
| Total liabilities | JP¥4.06b |
| Total assets | JP¥15.04b |
Recent financial health updates
No updates
Recent updates
Is UNIVERSAL ENGEISHA Co., Ltd. (TYO:6061) An Attractive Dividend Stock?
May 07
There's Been No Shortage Of Growth Recently For UNIVERSAL ENGEISHA's (TYO:6061) Returns On Capital
Apr 19Here's Why I Think UNIVERSAL ENGEISHA (TYO:6061) Might Deserve Your Attention Today
Mar 12Is UNIVERSAL ENGEISHA Co., Ltd.'s (TYO:6061) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 20
The Case For UNIVERSAL ENGEISHA Co., Ltd. (TYO:6061): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 27What We Make Of UNIVERSAL ENGEISHA's (TYO:6061) Returns On Capital
Jan 04Did UNIVERSAL ENGEISHA's (TYO:6061) Share Price Deserve to Gain 89%?
Dec 14Financial Position Analysis
Short Term Liabilities: 6061's short term assets (¥7.0B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 6061's short term assets (¥7.0B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 6061 has more cash than its total debt.
Reducing Debt: 6061's debt to equity ratio has increased from 0.5% to 10.6% over the past 5 years.
Debt Coverage: 6061's debt is well covered by operating cash flow (136.6%).
Interest Coverage: 6061 earns more interest than it pays, so coverage of interest payments is not a concern.