Keisei Electric Railway Balance Sheet Health
Financial Health criteria checks 1/6
Keisei Electric Railway has a total shareholder equity of ¥469.2B and total debt of ¥339.9B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are ¥1,064.2B and ¥595.0B respectively. Keisei Electric Railway's EBIT is ¥25.2B making its interest coverage ratio 12.7. It has cash and short-term investments of ¥82.5B.
Key information
72.4%
Debt to equity ratio
JP¥339.88b
Debt
Interest coverage ratio | 12.7x |
Cash | JP¥82.46b |
Equity | JP¥469.16b |
Total liabilities | JP¥595.05b |
Total assets | JP¥1.06t |
Recent financial health updates
Recent updates
Why 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 (¥144.2B) do not cover its short term liabilities (¥223.8B).
Long Term Liabilities: 9009's short term assets (¥144.2B) do not cover its long term liabilities (¥371.3B).
Debt to Equity History and Analysis
Debt Level: 9009's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: 9009's debt to equity ratio has increased from 60% to 72.4% over the past 5 years.
Debt Coverage: 9009's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 9009's interest payments on its debt are well covered by EBIT (12.7x coverage).