West Japan Railway Balance Sheet Health
Financial Health criteria checks 2/6
West Japan Railway has a total shareholder equity of ¥1,226.5B and total debt of ¥1,419.4B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are ¥3,600.6B and ¥2,374.2B respectively. West Japan Railway's EBIT is ¥179.2B making its interest coverage ratio 9.7. It has cash and short-term investments of ¥115.8B.
Key information
115.7%
Debt to equity ratio
JP¥1.42t
Debt
| Interest coverage ratio | 9.7x |
| Cash | JP¥115.77b |
| Equity | JP¥1.23t |
| Total liabilities | JP¥2.37t |
| Total assets | JP¥3.60t |
Recent financial health updates
We Think West Japan Railway (TSE:9021) Is Taking Some Risk With Its Debt
Sep 11
West Japan Railway (TSE:9021) Has A Somewhat Strained Balance Sheet
May 25Recent updates
West Japan Railway's (TSE:9021) Earnings May Just Be The Starting Point
Nov 08West Japan Railway (TSE:9021) Hasn't Managed To Accelerate Its Returns
Oct 11We Think West Japan Railway (TSE:9021) Is Taking Some Risk With Its Debt
Sep 11Some Shareholders Feeling Restless Over West Japan Railway Company's (TSE:9021) P/E Ratio
Jul 15West Japan Railway (TSE:9021) Has A Somewhat Strained Balance Sheet
May 25We Think West Japan Railway's (TSE:9021) Solid Earnings Are Understated
May 07West Japan Railway (TSE:9021) Has More To Do To Multiply In Value Going Forward
Apr 30Pinning Down West Japan Railway Company's (TSE:9021) P/E Is Difficult Right Now
Mar 01Financial Position Analysis
Short Term Liabilities: 9021's short term assets (¥537.9B) do not cover its short term liabilities (¥618.7B).
Long Term Liabilities: 9021's short term assets (¥537.9B) do not cover its long term liabilities (¥1,755.5B).
Debt to Equity History and Analysis
Debt Level: 9021's net debt to equity ratio (106.3%) is considered high.
Reducing Debt: 9021's debt to equity ratio has increased from 77.2% to 115.7% over the past 5 years.
Debt Coverage: 9021's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 9021's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
West Japan Railway Company is covered by 35 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takayuki Hayano | Barclays |
| Yasuharu Sugimura | BNP Paribas Securities (Asia) |
| Nathan Gee | BofA Global Research |