Central Japan Railway Balance Sheet Health
Financial Health criteria checks 3/6
Central Japan Railway has a total shareholder equity of ¥4,223.7B and total debt of ¥4,365.2B, which brings its debt-to-equity ratio to 103.4%. Its total assets and total liabilities are ¥9,941.9B and ¥5,718.2B respectively. Central Japan Railway's EBIT is ¥607.4B making its interest coverage ratio 8.5. It has cash and short-term investments of ¥955.3B.
Key information
103.4%
Debt to equity ratio
JP¥4.37t
Debt
Interest coverage ratio | 8.5x |
Cash | JP¥955.28b |
Equity | JP¥4.22t |
Total liabilities | JP¥5.72t |
Total assets | JP¥9.94t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAP's short term assets (¥2,791.1B) exceed its short term liabilities (¥798.7B).
Long Term Liabilities: JAP's short term assets (¥2,791.1B) do not cover its long term liabilities (¥4,919.5B).
Debt to Equity History and Analysis
Debt Level: JAP's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: JAP's debt to equity ratio has reduced from 124% to 103.4% over the past 5 years.
Debt Coverage: JAP's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: JAP's interest payments on its debt are well covered by EBIT (8.5x coverage).