Hiroshima Electric RailwayLtd Balance Sheet Health
Financial Health criteria checks 0/6
Hiroshima Electric RailwayLtd has a total shareholder equity of ¥39.8B and total debt of ¥26.4B, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are ¥89.7B and ¥49.8B respectively.
Key information
66.3%
Debt to equity ratio
JP¥26.42b
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.92b |
Equity | JP¥39.85b |
Total liabilities | JP¥49.84b |
Total assets | JP¥89.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9033's short term assets (¥11.1B) do not cover its short term liabilities (¥20.7B).
Long Term Liabilities: 9033's short term assets (¥11.1B) do not cover its long term liabilities (¥29.1B).
Debt to Equity History and Analysis
Debt Level: 9033's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: 9033's debt to equity ratio has increased from 48.7% to 66.3% over the past 5 years.
Debt Coverage: 9033's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: Insufficient data to determine if 9033's interest payments on its debt are well covered by EBIT.