West Japan Railway Balance Sheet Health
Financial Health criteria checks 2/6
West Japan Railway has a total shareholder equity of ¥1,225.0B and total debt of ¥1,476.3B, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are ¥3,777.9B and ¥2,553.0B respectively. West Japan Railway's EBIT is ¥180.7B making its interest coverage ratio 9.4. It has cash and short-term investments of ¥233.5B.
Key information
120.5%
Debt to equity ratio
JP¥1.48t
Debt
Interest coverage ratio | 9.4x |
Cash | JP¥233.47b |
Equity | JP¥1.22t |
Total liabilities | JP¥2.55t |
Total assets | JP¥3.78t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEJ0's short term assets (¥701.0B) do not cover its short term liabilities (¥710.2B).
Long Term Liabilities: WEJ0's short term assets (¥701.0B) do not cover its long term liabilities (¥1,842.8B).
Debt to Equity History and Analysis
Debt Level: WEJ0's net debt to equity ratio (101.5%) is considered high.
Reducing Debt: WEJ0's debt to equity ratio has increased from 83.1% to 120.5% over the past 5 years.
Debt Coverage: WEJ0's debt is well covered by operating cash flow (21.6%).
Interest Coverage: WEJ0's interest payments on its debt are well covered by EBIT (9.4x coverage).