Nankai Electric Railway Balance Sheet Health
Financial Health criteria checks 2/6
Nankai Electric Railway has a total shareholder equity of ¥313.5B and total debt of ¥408.4B, which brings its debt-to-equity ratio to 130.3%. Its total assets and total liabilities are ¥925.0B and ¥611.5B respectively. Nankai Electric Railway's EBIT is ¥34.8B making its interest coverage ratio -69.8. It has cash and short-term investments of ¥19.0B.
Key information
130.3%
Debt to equity ratio
JP¥408.36b
Debt
| Interest coverage ratio | -69.8x |
| Cash | JP¥18.99b |
| Equity | JP¥313.48b |
| Total liabilities | JP¥611.54b |
| Total assets | JP¥925.02b |
Recent financial health updates
Recent updates
Nankai Electric Railway Co., Ltd.'s (TSE:9044) Earnings Are Not Doing Enough For Some Investors
Dec 17
Nankai Electric Railway's (TSE:9044) Promising Earnings May Rest On Soft Foundations
Nov 06Returns On Capital At Nankai Electric Railway (TSE:9044) Have Hit The Brakes
Oct 14Returns On Capital At Nankai Electric Railway (TSE:9044) Have Hit The Brakes
Jun 17Impressive Earnings May Not Tell The Whole Story For Nankai Electric Railway (TSE:9044)
May 07Is Nankai Electric Railway (TSE:9044) Using Too Much Debt?
Mar 23Nankai Electric Railway Co., Ltd.'s (TSE:9044) Shareholders Might Be Looking For Exit
Mar 01Financial Position Analysis
Short Term Liabilities: 9044's short term assets (¥86.5B) do not cover its short term liabilities (¥162.9B).
Long Term Liabilities: 9044's short term assets (¥86.5B) do not cover its long term liabilities (¥448.6B).
Debt to Equity History and Analysis
Debt Level: 9044's net debt to equity ratio (124.2%) is considered high.
Reducing Debt: 9044's debt to equity ratio has reduced from 181.9% to 130.3% over the past 5 years.
Debt Coverage: 9044's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 9044 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:15 |
| End of Day Share Price | 2024/12/24 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
Nankai Electric Railway Co., Ltd. is covered by 6 analysts. 2 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 |
|---|---|
| null null | Company Forecast |
| Ryota Himeno | J.P. Morgan |
| Katsuhiko Suzuki | Mizuho Securities Co., Ltd. |