Kanagawa Chuo Kotsu Balance Sheet Health
Financial Health criteria checks 1/6
Kanagawa Chuo Kotsu has a total shareholder equity of ¥62.6B and total debt of ¥52.1B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are ¥156.7B and ¥94.1B respectively. Kanagawa Chuo Kotsu's EBIT is ¥8.8B making its interest coverage ratio 8760. It has cash and short-term investments of ¥3.1B.
Key information
83.2%
Debt to equity ratio
JP¥52.10b
Debt
| Interest coverage ratio | 8760x |
| Cash | JP¥3.10b |
| Equity | JP¥62.64b |
| Total liabilities | JP¥94.10b |
| Total assets | JP¥156.74b |
Recent financial health updates
No updates
Recent updates
Kanagawa Chuo Kotsu's (TSE:9081) Dividend Will Be ¥40.00
Nov 23
The Strong Earnings Posted By Kanagawa Chuo Kotsu (TSE:9081) Are A Good Indication Of The Strength Of The Business
Nov 06Kanagawa Chuo Kotsu's (TSE:9081) Performance Is Even Better Than Its Earnings Suggest
May 07Kanagawa Chuo Kotsu (TSE:9081) Has Affirmed Its Dividend Of ¥20.00
Mar 04Financial Position Analysis
Short Term Liabilities: 9081's short term assets (¥28.5B) do not cover its short term liabilities (¥47.9B).
Long Term Liabilities: 9081's short term assets (¥28.5B) do not cover its long term liabilities (¥46.2B).
Debt to Equity History and Analysis
Debt Level: 9081's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: 9081's debt to equity ratio has increased from 70.7% to 83.2% over the past 5 years.
Debt Coverage: 9081's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 9081's interest payments on its debt are well covered by EBIT (8760x coverage).