Yasuda Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Yasuda Logistics has a total shareholder equity of ¥93.8B and total debt of ¥77.0B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are ¥211.7B and ¥117.9B respectively. Yasuda Logistics's EBIT is ¥2.6B making its interest coverage ratio -2.1. It has cash and short-term investments of ¥17.4B.
Key information
82.1%
Debt to equity ratio
JP¥77.05b
Debt
Interest coverage ratio | -2.1x |
Cash | JP¥17.39b |
Equity | JP¥93.79b |
Total liabilities | JP¥117.87b |
Total assets | JP¥211.66b |
Recent financial health updates
Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Aug 07Does Yasuda Logistics (TSE:9324) Have A Healthy Balance Sheet?
Apr 09Recent updates
Financial Position Analysis
Short Term Liabilities: 9324's short term assets (¥35.2B) exceed its short term liabilities (¥22.3B).
Long Term Liabilities: 9324's short term assets (¥35.2B) do not cover its long term liabilities (¥95.5B).
Debt to Equity History and Analysis
Debt Level: 9324's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: 9324's debt to equity ratio has increased from 43% to 82.1% over the past 5 years.
Debt Coverage: 9324's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 9324 earns more interest than it pays, so coverage of interest payments is not a concern.