Keihanshin Building Balance Sheet Health
Financial Health criteria checks 2/6
Keihanshin Building has a total shareholder equity of ¥73.3B and total debt of ¥76.3B, which brings its debt-to-equity ratio to 104.1%. Its total assets and total liabilities are ¥163.3B and ¥90.0B respectively. Keihanshin Building's EBIT is ¥5.2B making its interest coverage ratio 20.5. It has cash and short-term investments of ¥7.0B.
Key information
104.1%
Debt to equity ratio
JP¥76.32b
Debt
Interest coverage ratio | 20.5x |
Cash | JP¥7.03b |
Equity | JP¥73.30b |
Total liabilities | JP¥89.98b |
Total assets | JP¥163.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8818's short term assets (¥7.9B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 8818's short term assets (¥7.9B) do not cover its long term liabilities (¥82.9B).
Debt to Equity History and Analysis
Debt Level: 8818's net debt to equity ratio (94.5%) is considered high.
Reducing Debt: 8818's debt to equity ratio has increased from 88.7% to 104.1% over the past 5 years.
Debt Coverage: 8818's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 8818's interest payments on its debt are well covered by EBIT (20.5x coverage).