Central Japan Railway Balance Sheet Health
Financial Health criteria checks 3/6
Central Japan Railway has a total shareholder equity of ¥3,807.1B and total debt of ¥4,457.2B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are ¥9,514.4B and ¥5,707.3B respectively. Central Japan Railway's EBIT is ¥374.5B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥852.1B.
Key information
117.1%
Debt to equity ratio
JP¥4.46t
Debt
Interest coverage ratio | 5.2x |
Cash | JP¥852.14b |
Equity | JP¥3.81t |
Total liabilities | JP¥5.71t |
Total assets | JP¥9.51t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9022 N's short term assets (¥2,712.3B) exceed its short term liabilities (¥729.5B).
Long Term Liabilities: 9022 N's short term assets (¥2,712.3B) do not cover its long term liabilities (¥4,977.8B).
Debt to Equity History and Analysis
Debt Level: 9022 N's net debt to equity ratio (94.7%) is considered high.
Reducing Debt: 9022 N's debt to equity ratio has reduced from 141.2% to 117.1% over the past 5 years.
Debt Coverage: 9022 N's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 9022 N's interest payments on its debt are well covered by EBIT (5.2x coverage).