Nishi-Nippon Railroad Balance Sheet Health
Financial Health criteria checks 3/6
Nishi-Nippon Railroad has a total shareholder equity of ¥239.7B and total debt of ¥332.3B, which brings its debt-to-equity ratio to 138.6%. Its total assets and total liabilities are ¥737.1B and ¥497.5B respectively. Nishi-Nippon Railroad's EBIT is ¥26.4B making its interest coverage ratio -188.5. It has cash and short-term investments of ¥72.9B.
Key information
138.6%
Debt to equity ratio
JP¥332.26b
Debt
| Interest coverage ratio | -188.5x |
| Cash | JP¥72.93b |
| Equity | JP¥239.68b |
| Total liabilities | JP¥497.46b |
| Total assets | JP¥737.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNRD.F's short term assets (¥208.2B) exceed its short term liabilities (¥152.5B).
Long Term Liabilities: NNRD.F's short term assets (¥208.2B) do not cover its long term liabilities (¥345.0B).
Debt to Equity History and Analysis
Debt Level: NNRD.F's net debt to equity ratio (108.2%) is considered high.
Reducing Debt: NNRD.F's debt to equity ratio has reduced from 143.5% to 138.6% over the past 5 years.
Debt Coverage: NNRD.F's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: NNRD.F earns more interest than it pays, so coverage of interest payments is not a concern.