Nagoya Railroad Balance Sheet Health
Financial Health criteria checks 1/6
Nagoya Railroad has a total shareholder equity of ¥463.5B and total debt of ¥488.2B, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are ¥1,303.2B and ¥839.7B respectively. Nagoya Railroad's EBIT is ¥34.8B making its interest coverage ratio 21.3. It has cash and short-term investments of ¥60.4B.
Key information
105.3%
Debt to equity ratio
JP¥488.21b
Debt
Interest coverage ratio | 21.3x |
Cash | JP¥60.39b |
Equity | JP¥463.53b |
Total liabilities | JP¥839.67b |
Total assets | JP¥1.30t |
Recent financial health updates
No updates
Recent updates
Estimating 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 (¥238.5B) do not cover its short term liabilities (¥308.9B).
Long Term Liabilities: 9048's short term assets (¥238.5B) do not cover its long term liabilities (¥530.7B).
Debt to Equity History and Analysis
Debt Level: 9048's net debt to equity ratio (92.3%) is considered high.
Reducing Debt: 9048's debt to equity ratio has increased from 91% to 105.3% over the past 5 years.
Debt Coverage: 9048's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 9048's interest payments on its debt are well covered by EBIT (21.3x coverage).