Odakyu Electric Railway Balance Sheet Health
Financial Health criteria checks 2/6
Odakyu Electric Railway has a total shareholder equity of ¥400.3B and total debt of ¥582.8B, which brings its debt-to-equity ratio to 145.6%. Its total assets and total liabilities are ¥1,276.5B and ¥876.2B respectively. Odakyu Electric Railway's EBIT is ¥43.2B making its interest coverage ratio 14. It has cash and short-term investments of ¥57.9B.
Key information
145.6%
Debt to equity ratio
JP¥582.80b
Debt
Interest coverage ratio | 14x |
Cash | JP¥57.89b |
Equity | JP¥400.26b |
Total liabilities | JP¥876.21b |
Total assets | JP¥1.28t |
Financial Position Analysis
Short Term Liabilities: 9007's short term assets (¥155.0B) do not cover its short term liabilities (¥428.7B).
Long Term Liabilities: 9007's short term assets (¥155.0B) do not cover its long term liabilities (¥447.5B).
Debt to Equity History and Analysis
Debt Level: 9007's net debt to equity ratio (131.1%) is considered high.
Reducing Debt: 9007's debt to equity ratio has reduced from 157.3% to 145.6% over the past 5 years.
Debt Coverage: 9007's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 9007's interest payments on its debt are well covered by EBIT (14x coverage).