Keihan Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Keihan Holdings has a total shareholder equity of ¥316.5B and total debt of ¥349.0B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are ¥823.3B and ¥506.8B respectively. Keihan Holdings's EBIT is ¥39.5B making its interest coverage ratio 30.1. It has cash and short-term investments of ¥17.6B.
Key information
110.3%
Debt to equity ratio
JP¥349.04b
Debt
| Interest coverage ratio | 30.1x |
| Cash | JP¥17.57b |
| Equity | JP¥316.53b |
| Total liabilities | JP¥506.81b |
| Total assets | JP¥823.34b |
Recent financial health updates
These 4 Measures Indicate That Keihan Holdings (TSE:9045) Is Using Debt Extensively
Sep 25
Is Keihan Holdings (TSE:9045) A Risky Investment?
Jun 03Recent updates
Keihan Holdings Co., Ltd.'s (TSE:9045) 26% Price Boost Is Out Of Tune With Earnings
Nov 20These 4 Measures Indicate That Keihan Holdings (TSE:9045) Is Using Debt Extensively
Sep 25Returns At Keihan Holdings (TSE:9045) Appear To Be Weighed Down
Aug 27Some Confidence Is Lacking In Keihan Holdings Co., Ltd.'s (TSE:9045) P/E
Aug 06Is Keihan Holdings (TSE:9045) A Risky Investment?
Jun 03Return Trends At Keihan Holdings (TSE:9045) Aren't Appealing
Apr 24Keihan Holdings Co., Ltd. (TSE:9045) Investors Are Less Pessimistic Than Expected
Mar 12Financial Position Analysis
Short Term Liabilities: 9045's short term assets (¥220.6B) exceed its short term liabilities (¥185.6B).
Long Term Liabilities: 9045's short term assets (¥220.6B) do not cover its long term liabilities (¥321.2B).
Debt to Equity History and Analysis
Debt Level: 9045's net debt to equity ratio (104.7%) is considered high.
Reducing Debt: 9045's debt to equity ratio has reduced from 125.7% to 110.3% over the past 5 years.
Debt Coverage: 9045's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 9045's interest payments on its debt are well covered by EBIT (30.1x coverage).