Keikyu Balance Sheet Health
Financial Health criteria checks 2/6
Keikyu has a total shareholder equity of ¥357.7B and total debt of ¥487.4B, which brings its debt-to-equity ratio to 136.3%. Its total assets and total liabilities are ¥1,086.9B and ¥729.2B respectively. Keikyu's EBIT is ¥28.0B making its interest coverage ratio 8.9. It has cash and short-term investments of ¥149.2B.
Key information
136.3%
Debt to equity ratio
JP¥487.37b
Debt
Interest coverage ratio | 8.9x |
Cash | JP¥149.22b |
Equity | JP¥357.68b |
Total liabilities | JP¥729.22b |
Total assets | JP¥1.09t |
Recent financial health updates
Recent updates
We Think Keikyu (TSE:9006) Is Taking Some Risk With Its Debt
Jun 17Impressive Earnings May Not Tell The Whole Story For Keikyu (TSE:9006)
May 21Keikyu Corporation (TSE:9006) Not Flying Under The Radar
Apr 17Keikyu (TSE:9006) Is Due To Pay A Dividend Of ¥7.00
Mar 22Keikyu (TSE:9006) Has Announced A Dividend Of ¥7.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9006's short term assets (¥242.2B) do not cover its short term liabilities (¥259.5B).
Long Term Liabilities: 9006's short term assets (¥242.2B) do not cover its long term liabilities (¥469.8B).
Debt to Equity History and Analysis
Debt Level: 9006's net debt to equity ratio (94.5%) is considered high.
Reducing Debt: 9006's debt to equity ratio has reduced from 159.3% to 136.3% over the past 5 years.
Debt Coverage: 9006's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 9006's interest payments on its debt are well covered by EBIT (8.9x coverage).