Keihan Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Keihan Holdings has a total shareholder equity of ¥294.7B and total debt of ¥336.9B, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are ¥785.3B and ¥490.6B respectively. Keihan Holdings's EBIT is ¥31.1B making its interest coverage ratio 24.1. It has cash and short-term investments of ¥15.8B.
Key information
114.3%
Debt to equity ratio
JP¥336.90b
Debt
Interest coverage ratio | 24.1x |
Cash | JP¥15.80b |
Equity | JP¥294.71b |
Total liabilities | JP¥490.56b |
Total assets | JP¥785.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9045's short term assets (¥224.7B) exceed its short term liabilities (¥147.4B).
Long Term Liabilities: 9045's short term assets (¥224.7B) do not cover its long term liabilities (¥343.2B).
Debt to Equity History and Analysis
Debt Level: 9045's net debt to equity ratio (109%) is considered high.
Reducing Debt: 9045's debt to equity ratio has reduced from 142% to 114.3% over the past 5 years.
Debt Coverage: 9045's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 9045's interest payments on its debt are well covered by EBIT (24.1x coverage).