Keihin Balance Sheet Health
Financial Health criteria checks 6/6
Keihin has a total shareholder equity of ¥28.9B and total debt of ¥7.8B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ¥50.4B and ¥21.5B respectively. Keihin's EBIT is ¥2.7B making its interest coverage ratio -13.3. It has cash and short-term investments of ¥9.4B.
Key information
27.1%
Debt to equity ratio
JP¥7.85b
Debt
| Interest coverage ratio | -13.3x |
| Cash | JP¥9.44b |
| Equity | JP¥28.95b |
| Total liabilities | JP¥21.48b |
| Total assets | JP¥50.43b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9312's short term assets (¥15.9B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 9312's short term assets (¥15.9B) exceed its long term liabilities (¥11.4B).
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 72.9% to 27.1% over the past 5 years.
Debt Coverage: 9312's debt is well covered by operating cash flow (49.8%).
Interest Coverage: 9312 earns more interest than it pays, so coverage of interest payments is not a concern.