Yasuda Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Yasuda Logistics has a total shareholder equity of ¥92.9B and total debt of ¥73.8B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are ¥203.9B and ¥111.0B respectively. Yasuda Logistics's EBIT is ¥2.9B making its interest coverage ratio -2.3. It has cash and short-term investments of ¥16.2B.
Key information
79.4%
Debt to equity ratio
JP¥73.79b
Debt
| Interest coverage ratio | -2.3x |
| Cash | JP¥16.23b |
| Equity | JP¥92.89b |
| Total liabilities | JP¥111.02b |
| Total assets | JP¥203.91b |
Recent financial health updates
Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Aug 07
Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Apr 09Recent updates
Yasuda Logistics' (TSE:9324) Solid Earnings Are Supported By Other Strong Factors
Nov 19Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Aug 07Yasuda Logistics Corporation's (TSE:9324) 29% Price Boost Is Out Of Tune With Earnings
Jun 10Yasuda Logistics' (TSE:9324) Earnings Seem To Be Promising
May 21Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Apr 09Financial Position Analysis
Short Term Liabilities: 9324's short term assets (¥30.5B) exceed its short term liabilities (¥17.6B).
Long Term Liabilities: 9324's short term assets (¥30.5B) do not cover its long term liabilities (¥93.4B).
Debt to Equity History and Analysis
Debt Level: 9324's net debt to equity ratio (62%) is considered high.
Reducing Debt: 9324's debt to equity ratio has increased from 39.2% to 79.4% over the past 5 years.
Debt Coverage: 9324's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 9324 earns more interest than it pays, so coverage of interest payments is not a concern.