Nankai Electric Railway Balance Sheet Health
Financial Health criteria checks 2/6
Nankai Electric Railway has a total shareholder equity of ¥312.3B and total debt of ¥419.8B, which brings its debt-to-equity ratio to 134.4%. Its total assets and total liabilities are ¥931.8B and ¥619.5B respectively. Nankai Electric Railway's EBIT is ¥33.9B making its interest coverage ratio 17. It has cash and short-term investments of ¥28.4B.
Key information
134.4%
Debt to equity ratio
JP¥419.77b
Debt
| Interest coverage ratio | 17x |
| Cash | JP¥28.35b |
| Equity | JP¥312.28b |
| Total liabilities | JP¥619.51b |
| Total assets | JP¥931.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNKE.F's short term assets (¥89.0B) do not cover its short term liabilities (¥161.0B).
Long Term Liabilities: NNKE.F's short term assets (¥89.0B) do not cover its long term liabilities (¥458.5B).
Debt to Equity History and Analysis
Debt Level: NNKE.F's net debt to equity ratio (125.3%) is considered high.
Reducing Debt: NNKE.F's debt to equity ratio has reduced from 189.7% to 134.4% over the past 5 years.
Debt Coverage: NNKE.F's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: NNKE.F's interest payments on its debt are well covered by EBIT (17x coverage).