Keisei Electric Railway Balance Sheet Health
Financial Health criteria checks 1/6
Keisei Electric Railway has a total shareholder equity of ¥478.3B and total debt of ¥325.2B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are ¥1,016.9B and ¥538.6B respectively. Keisei Electric Railway's EBIT is ¥30.2B making its interest coverage ratio 15.6. It has cash and short-term investments of ¥36.8B.
Key information
68.0%
Debt to equity ratio
JP¥325.17b
Debt
| Interest coverage ratio | 15.6x |
| Cash | JP¥36.83b |
| Equity | JP¥478.31b |
| Total liabilities | JP¥538.63b |
| Total assets | JP¥1.02t |
Recent financial health updates
Here's Why Keisei Electric Railway (TSE:9009) Can Manage Its Debt Responsibly
Sep 25
We Think Keisei Electric Railway (TSE:9009) Can Stay On Top Of Its Debt
Apr 26Recent updates
Here'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 (¥98.2B) do not cover its short term liabilities (¥182.1B).
Long Term Liabilities: 9009's short term assets (¥98.2B) do not cover its long term liabilities (¥356.6B).
Debt to Equity History and Analysis
Debt Level: 9009's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: 9009's debt to equity ratio has increased from 55.2% to 68% over the past 5 years.
Debt Coverage: 9009's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 9009's interest payments on its debt are well covered by EBIT (15.6x coverage).