Keisei Electric Railway Balance Sheet Health
Financial Health criteria checks 1/6
Keisei Electric Railway has a total shareholder equity of ¥486.0B and total debt of ¥323.6B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are ¥1,028.2B and ¥542.2B respectively. Keisei Electric Railway's EBIT is ¥32.1B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥40.2B.
Key information
66.6%
Debt to equity ratio
JP¥323.61b
Debt
Interest coverage ratio | 16.6x |
Cash | JP¥40.20b |
Equity | JP¥485.99b |
Total liabilities | JP¥542.17b |
Total assets | JP¥1.03t |
Recent financial health updates
Here's Why Keisei Electric Railway (TSE:9009) Can Manage Its Debt Responsibly
Sep 25We Think Keisei Electric Railway (TSE:9009) Can Stay On Top Of Its Debt
Apr 26Recent updates
Earnings Release: Here's Why Analysts Cut Their Keisei Electric Railway Co., Ltd. (TSE:9009) Price Target To JP¥4,900
Nov 03Keisei Electric Railway (TSE:9009) Could Be At Risk Of Shrinking As A Company
Oct 31Here's Why Keisei Electric Railway (TSE:9009) Can Manage Its Debt Responsibly
Sep 25The Market Doesn't Like What It Sees From Keisei Electric Railway Co., Ltd.'s (TSE:9009) Earnings Yet As Shares Tumble 25%
Aug 05Keisei Electric Railway Co., Ltd. (TSE:9009) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 18Why Investors Shouldn't Be Surprised By Keisei Electric Railway Co., Ltd.'s (TSE:9009) Low P/E
Jun 16Here's What's Concerning About Keisei Electric Railway's (TSE:9009) Returns On Capital
May 29Additional Considerations Required While Assessing Keisei Electric Railway's (TSE:9009) Strong Earnings
May 03We Think Keisei Electric Railway (TSE:9009) Can Stay On Top Of Its Debt
Apr 26Keisei Electric Railway Co., Ltd.'s (TSE:9009) Shareholders Might Be Looking For Exit
Mar 01Financial Position Analysis
Short Term Liabilities: 9009's short term assets (¥105.4B) do not cover its short term liabilities (¥193.1B).
Long Term Liabilities: 9009's short term assets (¥105.4B) do not cover its long term liabilities (¥349.1B).
Debt to Equity History and Analysis
Debt Level: 9009's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: 9009's debt to equity ratio has increased from 53.8% to 66.6% over the past 5 years.
Debt Coverage: 9009's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 9009's interest payments on its debt are well covered by EBIT (16.6x coverage).