Keihan Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Keihan Holdings has a total shareholder equity of ¥311.2B and total debt of ¥346.8B, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are ¥811.5B and ¥500.3B respectively. Keihan Holdings's EBIT is ¥37.6B making its interest coverage ratio 30.6. It has cash and short-term investments of ¥18.7B.
Key information
111.5%
Debt to equity ratio
JP¥346.83b
Debt
| Interest coverage ratio | 30.6x |
| Cash | JP¥18.70b |
| Equity | JP¥311.18b |
| Total liabilities | JP¥500.28b |
| Total assets | JP¥811.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 59X's short term assets (¥209.4B) exceed its short term liabilities (¥170.1B).
Long Term Liabilities: 59X's short term assets (¥209.4B) do not cover its long term liabilities (¥330.2B).
Debt to Equity History and Analysis
Debt Level: 59X's net debt to equity ratio (105.4%) is considered high.
Reducing Debt: 59X's debt to equity ratio has reduced from 132.2% to 111.5% over the past 5 years.
Debt Coverage: 59X's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 59X's interest payments on its debt are well covered by EBIT (30.6x coverage).