Kanagawa Chuo Kotsu Balance Sheet Health
Financial Health criteria checks 1/6
Kanagawa Chuo Kotsu has a total shareholder equity of ¥59.3B and total debt of ¥53.1B, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are ¥159.2B and ¥99.9B respectively. Kanagawa Chuo Kotsu's EBIT is ¥7.5B making its interest coverage ratio -578.3. It has cash and short-term investments of ¥3.4B.
Key information
89.6%
Debt to equity ratio
JP¥53.11b
Debt
Interest coverage ratio | -578.3x |
Cash | JP¥3.37b |
Equity | JP¥59.27b |
Total liabilities | JP¥99.92b |
Total assets | JP¥159.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9081's short term assets (¥30.1B) do not cover its short term liabilities (¥49.3B).
Long Term Liabilities: 9081's short term assets (¥30.1B) do not cover its long term liabilities (¥50.6B).
Debt to Equity History and Analysis
Debt Level: 9081's net debt to equity ratio (83.9%) is considered high.
Reducing Debt: 9081's debt to equity ratio has increased from 78.2% to 89.6% over the past 5 years.
Debt Coverage: 9081's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 9081 earns more interest than it pays, so coverage of interest payments is not a concern.