Nagoya Railroad Balance Sheet Health
Financial Health criteria checks 1/6
Nagoya Railroad has a total shareholder equity of ¥469.2B and total debt of ¥545.1B, which brings its debt-to-equity ratio to 116.2%. Its total assets and total liabilities are ¥1,366.1B and ¥896.8B respectively. Nagoya Railroad's EBIT is ¥38.7B making its interest coverage ratio 30.7. It has cash and short-term investments of ¥86.6B.
Key information
116.2%
Debt to equity ratio
JP¥545.10b
Debt
| Interest coverage ratio | 30.7x |
| Cash | JP¥86.61b |
| Equity | JP¥469.25b |
| Total liabilities | JP¥896.81b |
| Total assets | JP¥1.37t |
Recent financial health updates
Recent updates
Nagoya Railroad (TSE:9048) Could Be Struggling To Allocate Capital
Oct 11
Is Nagoya Railroad (TSE:9048) Using Too Much Debt?
Aug 08Returns On Capital At Nagoya Railroad (TSE:9048) Paint A Concerning Picture
Jul 12Estimating The Intrinsic Value Of Nagoya Railroad Co., Ltd. (TSE:9048)
Jun 03Nagoya Railroad (TSE:9048) Will Pay A Larger Dividend Than Last Year At ¥25.00
Mar 28Here's What's Concerning About Nagoya Railroad's (TSE:9048) Returns On Capital
Mar 19Nagoya Railroad (TSE:9048) Is Increasing Its Dividend To ¥25.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9048's short term assets (¥269.3B) do not cover its short term liabilities (¥308.4B).
Long Term Liabilities: 9048's short term assets (¥269.3B) do not cover its long term liabilities (¥588.4B).
Debt to Equity History and Analysis
Debt Level: 9048's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: 9048's debt to equity ratio has increased from 93.9% to 116.2% over the past 5 years.
Debt Coverage: 9048's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 9048's interest payments on its debt are well covered by EBIT (30.7x coverage).