Keihin Balance Sheet Health
Financial Health criteria checks 6/6
Keihin has a total shareholder equity of ¥29.0B and total debt of ¥8.3B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ¥51.2B and ¥22.2B respectively. Keihin's EBIT is ¥2.8B making its interest coverage ratio -13.1. It has cash and short-term investments of ¥9.4B.
Key information
28.5%
Debt to equity ratio
JP¥8.25b
Debt
| Interest coverage ratio | -13.1x |
| Cash | JP¥9.43b |
| Equity | JP¥28.98b |
| Total liabilities | JP¥22.20b |
| Total assets | JP¥51.18b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9312's short term assets (¥15.7B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 9312's short term assets (¥15.7B) exceed its long term liabilities (¥11.7B).
Debt to Equity History and Analysis
Debt Level: 9312 has more cash than its total debt.
Reducing Debt: 9312's debt to equity ratio has reduced from 68.8% to 28.5% over the past 5 years.
Debt Coverage: 9312's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 9312 earns more interest than it pays, so coverage of interest payments is not a concern.