Nagoya Railroad Balance Sheet Health
Financial Health criteria checks 1/6
Nagoya Railroad has a total shareholder equity of ¥477.0B and total debt of ¥536.6B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are ¥1,369.8B and ¥892.8B respectively. Nagoya Railroad's EBIT is ¥43.0B making its interest coverage ratio 32. It has cash and short-term investments of ¥75.4B.
Key information
112.5%
Debt to equity ratio
JP¥536.57b
Debt
| Interest coverage ratio | 32x |
| Cash | JP¥75.38b |
| Equity | JP¥476.98b |
| Total liabilities | JP¥892.83b |
| Total assets | JP¥1.37t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 59V's short term assets (¥262.7B) do not cover its short term liabilities (¥305.0B).
Long Term Liabilities: 59V's short term assets (¥262.7B) do not cover its long term liabilities (¥587.8B).
Debt to Equity History and Analysis
Debt Level: 59V's net debt to equity ratio (96.7%) is considered high.
Reducing Debt: 59V's debt to equity ratio has increased from 90.9% to 112.5% over the past 5 years.
Debt Coverage: 59V's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 59V's interest payments on its debt are well covered by EBIT (32x coverage).