Keisei Electric Railway Balance Sheet Health
Financial Health criteria checks 1/6
Keisei Electric Railway has a total shareholder equity of ¥486.0B and total debt of ¥323.6B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are ¥1,028.2B and ¥542.2B respectively. Keisei Electric Railway's EBIT is ¥32.1B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥40.2B.
Key information
66.6%
Debt to equity ratio
JP¥323.61b
Debt
| Interest coverage ratio | 16.6x |
| Cash | JP¥40.20b |
| Equity | JP¥485.99b |
| Total liabilities | JP¥542.17b |
| Total assets | JP¥1.03t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KELR.F's short term assets (¥105.4B) do not cover its short term liabilities (¥193.1B).
Long Term Liabilities: KELR.F's short term assets (¥105.4B) do not cover its long term liabilities (¥349.1B).
Debt to Equity History and Analysis
Debt Level: KELR.F's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: KELR.F's debt to equity ratio has increased from 53.8% to 66.6% over the past 5 years.
Debt Coverage: KELR.F's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: KELR.F's interest payments on its debt are well covered by EBIT (16.6x coverage).