Central Japan Railway Balance Sheet Health
Financial Health criteria checks 3/6
Central Japan Railway has a total shareholder equity of ¥4,118.4B and total debt of ¥4,367.7B, which brings its debt-to-equity ratio to 106.1%. Its total assets and total liabilities are ¥9,729.3B and ¥5,611.0B respectively. Central Japan Railway's EBIT is ¥570.7B making its interest coverage ratio 8. It has cash and short-term investments of ¥829.9B.
Key information
106.1%
Debt to equity ratio
JP¥4.37t
Debt
| Interest coverage ratio | 8x |
| Cash | JP¥829.85b |
| Equity | JP¥4.12t |
| Total liabilities | JP¥5.61t |
| Total assets | JP¥9.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAP0's short term assets (¥2,655.4B) exceed its short term liabilities (¥668.0B).
Long Term Liabilities: JAP0's short term assets (¥2,655.4B) do not cover its long term liabilities (¥4,942.9B).
Debt to Equity History and Analysis
Debt Level: JAP0's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: JAP0's debt to equity ratio has reduced from 127.6% to 106.1% over the past 5 years.
Debt Coverage: JAP0's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: JAP0's interest payments on its debt are well covered by EBIT (8x coverage).