West Japan Railway Balance Sheet Health
Financial Health criteria checks 2/6
West Japan Railway has a total shareholder equity of ¥1,217.6B and total debt of ¥1,404.2B, which brings its debt-to-equity ratio to 115.3%. Its total assets and total liabilities are ¥3,613.0B and ¥2,395.4B respectively. West Japan Railway's EBIT is ¥186.8B making its interest coverage ratio 10.8. It has cash and short-term investments of ¥134.7B.
Key information
115.3%
Debt to equity ratio
JP¥1.40t
Debt
| Interest coverage ratio | 10.8x |
| Cash | JP¥134.72b |
| Equity | JP¥1.22t |
| Total liabilities | JP¥2.40t |
| Total assets | JP¥3.61t |
Recent financial health updates
Recent updates
Some Shareholders Feeling Restless Over West Japan Railway Company's (TSE:9021) P/E Ratio
Jul 15
West 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 (¥539.3B) do not cover its short term liabilities (¥645.4B).
Long Term Liabilities: 9021's short term assets (¥539.3B) do not cover its long term liabilities (¥1,750.0B).
Debt to Equity History and Analysis
Debt Level: 9021's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: 9021's debt to equity ratio has increased from 79.2% to 115.3% over the past 5 years.
Debt Coverage: 9021's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 9021's interest payments on its debt are well covered by EBIT (10.8x coverage).