Keifuku Electric RailroadLtd Balance Sheet Health
Financial Health criteria checks 4/6
Keifuku Electric RailroadLtd has a total shareholder equity of ¥11.8B and total debt of ¥6.6B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ¥23.0B and ¥11.2B respectively. Keifuku Electric RailroadLtd's EBIT is ¥1.9B making its interest coverage ratio 58. It has cash and short-term investments of ¥2.0B.
Key information
55.6%
Debt to equity ratio
JP¥6.55b
Debt
Interest coverage ratio | 58x |
Cash | JP¥1.96b |
Equity | JP¥11.78b |
Total liabilities | JP¥11.22b |
Total assets | JP¥23.00b |
Recent financial health updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Keifuku Electric RailroadLtd (TSE:9049)
May 21Keifuku Electric Railroad Co.,Ltd. (TSE:9049) Shares Fly 25% But Investors Aren't Buying For Growth
Apr 09These 4 Measures Indicate That Keifuku Electric RailroadLtd (TSE:9049) Is Using Debt Reasonably Well
Apr 05Financial Position Analysis
Short Term Liabilities: 9049's short term assets (¥4.9B) do not cover its short term liabilities (¥5.6B).
Long Term Liabilities: 9049's short term assets (¥4.9B) do not cover its long term liabilities (¥5.6B).
Debt to Equity History and Analysis
Debt Level: 9049's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: 9049's debt to equity ratio has reduced from 104.8% to 55.6% over the past 5 years.
Debt Coverage: 9049's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 9049's interest payments on its debt are well covered by EBIT (58x coverage).