Central Japan Railway Balance Sheet Health
Financial Health criteria checks 3/6
Central Japan Railway has a total shareholder equity of ¥4,431.9B and total debt of ¥4,371.8B, which brings its debt-to-equity ratio to 98.6%. Its total assets and total liabilities are ¥9,996.8B and ¥5,564.9B respectively. Central Japan Railway's EBIT is ¥660.5B making its interest coverage ratio 9.5. It has cash and short-term investments of ¥647.4B.
Key information
98.6%
Debt to equity ratio
JP¥4.37t
Debt
| Interest coverage ratio | 9.5x |
| Cash | JP¥647.37b |
| Equity | JP¥4.43t |
| Total liabilities | JP¥5.56t |
| Total assets | JP¥10.00t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CJPR.F's short term assets (¥2,233.6B) exceed its short term liabilities (¥639.7B).
Long Term Liabilities: CJPR.F's short term assets (¥2,233.6B) do not cover its long term liabilities (¥4,925.2B).
Debt to Equity History and Analysis
Debt Level: CJPR.F's net debt to equity ratio (84%) is considered high.
Reducing Debt: CJPR.F's debt to equity ratio has reduced from 114.5% to 98.6% over the past 5 years.
Debt Coverage: CJPR.F's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: CJPR.F's interest payments on its debt are well covered by EBIT (9.5x coverage).