East Japan Railway Balance Sheet Health
Financial Health criteria checks 1/6
East Japan Railway has a total shareholder equity of ¥2,739.2B and total debt of ¥4,557.3B, which brings its debt-to-equity ratio to 166.4%. Its total assets and total liabilities are ¥9,771.5B and ¥7,032.2B respectively. East Japan Railway's EBIT is ¥345.2B making its interest coverage ratio 5.3. It has cash and short-term investments of ¥281.0B.
Key information
166.4%
Debt to equity ratio
JP¥4.56t
Debt
| Interest coverage ratio | 5.3x |
| Cash | JP¥281.00b |
| Equity | JP¥2.74t |
| Total liabilities | JP¥7.03t |
| Total assets | JP¥9.77t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9020's short term assets (¥1,191.9B) do not cover its short term liabilities (¥1,616.7B).
Long Term Liabilities: 9020's short term assets (¥1,191.9B) do not cover its long term liabilities (¥5,415.5B).
Debt to Equity History and Analysis
Debt Level: 9020's net debt to equity ratio (156.1%) is considered high.
Reducing Debt: 9020's debt to equity ratio has increased from 91.7% to 166.4% over the past 5 years.
Debt Coverage: 9020's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 9020's interest payments on its debt are well covered by EBIT (5.3x coverage).