Kintetsu Group HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Kintetsu Group HoldingsLtd has a total shareholder equity of ¥583.1B and total debt of ¥1,236.9B, which brings its debt-to-equity ratio to 212.1%. Its total assets and total liabilities are ¥2,454.3B and ¥1,871.2B respectively. Kintetsu Group HoldingsLtd's EBIT is ¥87.4B making its interest coverage ratio 16.3. It has cash and short-term investments of ¥272.6B.
Key information
212.1%
Debt to equity ratio
JP¥1.24t
Debt
Interest coverage ratio | 16.3x |
Cash | JP¥272.56b |
Equity | JP¥583.10b |
Total liabilities | JP¥1.87t |
Total assets | JP¥2.45t |
Financial Position Analysis
Short Term Liabilities: 9041's short term assets (¥720.8B) exceed its short term liabilities (¥713.3B).
Long Term Liabilities: 9041's short term assets (¥720.8B) do not cover its long term liabilities (¥1,157.9B).
Debt to Equity History and Analysis
Debt Level: 9041's net debt to equity ratio (165.4%) is considered high.
Reducing Debt: 9041's debt to equity ratio has reduced from 255.6% to 212.1% over the past 5 years.
Debt Coverage: 9041's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 9041's interest payments on its debt are well covered by EBIT (16.3x coverage).