Truck-One Balance Sheet Health
Financial Health criteria checks 2/6
Truck-One has a total shareholder equity of ¥967.0M and total debt of ¥3.4B, which brings its debt-to-equity ratio to 346.8%. Its total assets and total liabilities are ¥6.2B and ¥5.2B respectively. Truck-One's EBIT is ¥182.0M making its interest coverage ratio 22.8. It has cash and short-term investments of ¥512.0M.
Key information
346.8%
Debt to equity ratio
JP¥3.35b
Debt
Interest coverage ratio | 22.8x |
Cash | JP¥512.00m |
Equity | JP¥967.00m |
Total liabilities | JP¥5.22b |
Total assets | JP¥6.19b |
Recent financial health updates
Does Truck-One (FKSE:3047) Have A Healthy Balance Sheet?
Apr 27Truck-One (FKSE:3047) Has No Shortage Of Debt
Jan 11Recent updates
Does Truck-One (FKSE:3047) Have A Healthy Balance Sheet?
Apr 27Here's What To Make Of Truck-One's (FKSE:3047) Returns On Capital
Mar 14Is Truck-One Co., Ltd. (FKSE:3047) An Attractive Dividend Stock?
Feb 14Truck-One (FKSE:3047) Has No Shortage Of Debt
Jan 11Should You Be Impressed By Truck-One's (FKSE:3047) Returns on Capital?
Dec 07Financial Position Analysis
Short Term Liabilities: 3047's short term assets (¥4.1B) do not cover its short term liabilities (¥4.4B).
Long Term Liabilities: 3047's short term assets (¥4.1B) exceed its long term liabilities (¥861.0M).
Debt to Equity History and Analysis
Debt Level: 3047's net debt to equity ratio (293.9%) is considered high.
Reducing Debt: 3047's debt to equity ratio has increased from 238.6% to 346.8% over the past 5 years.
Debt Coverage: 3047's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: 3047's interest payments on its debt are well covered by EBIT (22.8x coverage).