Keikyu Balance Sheet Health
Financial Health criteria checks 1/6
Keikyu has a total shareholder equity of ¥290.7B and total debt of ¥486.6B, which brings its debt-to-equity ratio to 167.4%. Its total assets and total liabilities are ¥955.3B and ¥664.6B respectively. Keikyu's EBIT is ¥24.7B making its interest coverage ratio 7.8. It has cash and short-term investments of ¥65.1B.
Key information
167.4%
Debt to equity ratio
JP¥486.55b
Debt
| Interest coverage ratio | 7.8x |
| Cash | JP¥65.06b |
| Equity | JP¥290.71b |
| Total liabilities | JP¥664.61b |
| Total assets | JP¥955.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9006's short term assets (¥145.5B) do not cover its short term liabilities (¥194.6B).
Long Term Liabilities: 9006's short term assets (¥145.5B) do not cover its long term liabilities (¥470.1B).
Debt to Equity History and Analysis
Debt Level: 9006's net debt to equity ratio (145%) is considered high.
Reducing Debt: 9006's debt to equity ratio has increased from 162.8% to 167.4% over the past 5 years.
Debt Coverage: 9006's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 9006's interest payments on its debt are well covered by EBIT (7.8x coverage).