West Japan Railway Balance Sheet Health
Financial Health criteria checks 3/6
West Japan Railway has a total shareholder equity of ¥1,227.2B and total debt of ¥1,466.4B, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are ¥3,658.2B and ¥2,431.0B respectively. West Japan Railway's EBIT is ¥188.1B making its interest coverage ratio 9.7. It has cash and short-term investments of ¥219.0B.
Key information
119.5%
Debt to equity ratio
JP¥1.47t
Debt
Interest coverage ratio | 9.7x |
Cash | JP¥218.99b |
Equity | JP¥1.23t |
Total liabilities | JP¥2.43t |
Total assets | JP¥3.66t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WJRY.Y's short term assets (¥647.2B) exceed its short term liabilities (¥622.4B).
Long Term Liabilities: WJRY.Y's short term assets (¥647.2B) do not cover its long term liabilities (¥1,808.6B).
Debt to Equity History and Analysis
Debt Level: WJRY.Y's net debt to equity ratio (101.6%) is considered high.
Reducing Debt: WJRY.Y's debt to equity ratio has increased from 85% to 119.5% over the past 5 years.
Debt Coverage: WJRY.Y's debt is well covered by operating cash flow (21.8%).
Interest Coverage: WJRY.Y's interest payments on its debt are well covered by EBIT (9.7x coverage).