Nishi-Nippon Railroad Balance Sheet Health
Financial Health criteria checks 2/6
Nishi-Nippon Railroad has a total shareholder equity of ¥223.5B and total debt of ¥324.0B, which brings its debt-to-equity ratio to 145%. Its total assets and total liabilities are ¥710.6B and ¥487.1B respectively. Nishi-Nippon Railroad's EBIT is ¥24.8B making its interest coverage ratio 44.6. It has cash and short-term investments of ¥63.2B.
Key information
145.0%
Debt to equity ratio
JP¥324.04b
Debt
Interest coverage ratio | 44.6x |
Cash | JP¥63.21b |
Equity | JP¥223.54b |
Total liabilities | JP¥487.06b |
Total assets | JP¥710.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNR's short term assets (¥204.3B) exceed its short term liabilities (¥160.3B).
Long Term Liabilities: NNR's short term assets (¥204.3B) do not cover its long term liabilities (¥326.8B).
Debt to Equity History and Analysis
Debt Level: NNR's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: NNR's debt to equity ratio has increased from 134% to 145% over the past 5 years.
Debt Coverage: NNR's debt is not well covered by operating cash flow (18%).
Interest Coverage: NNR's interest payments on its debt are well covered by EBIT (44.6x coverage).