Tobu Railway Balance Sheet Health
Financial Health criteria checks 2/6
Tobu Railway has a total shareholder equity of ¥541.7B and total debt of ¥747.7B, which brings its debt-to-equity ratio to 138%. Its total assets and total liabilities are ¥1,704.1B and ¥1,162.4B respectively. Tobu Railway's EBIT is ¥73.9B making its interest coverage ratio 24.2. It has cash and short-term investments of ¥31.4B.
Key information
138.0%
Debt to equity ratio
JP¥747.74b
Debt
Interest coverage ratio | 24.2x |
Cash | JP¥31.45b |
Equity | JP¥541.71b |
Total liabilities | JP¥1.16t |
Total assets | JP¥1.70t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9001's short term assets (¥169.0B) do not cover its short term liabilities (¥386.3B).
Long Term Liabilities: 9001's short term assets (¥169.0B) do not cover its long term liabilities (¥776.0B).
Debt to Equity History and Analysis
Debt Level: 9001's net debt to equity ratio (132.2%) is considered high.
Reducing Debt: 9001's debt to equity ratio has reduced from 165.4% to 138% over the past 5 years.
Debt Coverage: 9001's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 9001's interest payments on its debt are well covered by EBIT (24.2x coverage).