Tobu Railway Balance Sheet Health
Financial Health criteria checks 1/6
Tobu Railway has a total shareholder equity of ¥468.1B and total debt of ¥801.9B, which brings its debt-to-equity ratio to 171.3%. Its total assets and total liabilities are ¥1,690.3B and ¥1,222.2B respectively. Tobu Railway's EBIT is ¥34.1B making its interest coverage ratio 8.5. It has cash and short-term investments of ¥35.3B.
Key information
171.3%
Debt to equity ratio
JP¥801.86b
Debt
Interest coverage ratio | 8.5x |
Cash | JP¥35.30b |
Equity | JP¥468.11b |
Total liabilities | JP¥1.22t |
Total assets | JP¥1.69t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBUR.F's short term assets (¥167.7B) do not cover its short term liabilities (¥393.2B).
Long Term Liabilities: TBUR.F's short term assets (¥167.7B) do not cover its long term liabilities (¥829.0B).
Debt to Equity History and Analysis
Debt Level: TBUR.F's net debt to equity ratio (163.8%) is considered high.
Reducing Debt: TBUR.F's debt to equity ratio has increased from 167.6% to 171.3% over the past 5 years.
Debt Coverage: TBUR.F's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: TBUR.F's interest payments on its debt are well covered by EBIT (8.5x coverage).