What is Keisei Electric Railway Co Financial Strength?
Keisei Electric Railway Co has the Financial Strength Rank of 5.
Warning Sign:
Keisei Electric Railway Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Keisei Electric Railway Co's Interest Coverage for the quarter that ended in Dec. 2023 was 13.24.
Keisei Electric Railway Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.25.
As of today, Keisei Electric Railway Co's Altman Z-Score is 1.90.
Competitive Comparison of Keisei Electric Railway Co's Financial Strength
For the Railroads subindustry, Keisei Electric Railway Co's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Keisei Electric Railway Co's Financial Strength Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Keisei Electric Railway Co's Financial Strength falls into.
Keisei Electric Railway Co Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Keisei Electric Railway Co's Interest Expense for the
months ended in Dec. 2023 was $-5 Mil. Its Operating Income for the
months ended in Dec. 2023 was $60 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,949 Mil.
Keisei Electric Railway Co's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Keisei Electric Railway Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Keisei Electric Railway Co has a Z-score of 1.90, indicating it is in Grey Zones. This implies that Keisei Electric Railway Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 1.9 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Keisei Electric Railway Co (Keisei Electric Railway Co) Business Description
Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway is a Japanese company that operates railways in Japan. The company's three largest segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.
Keisei Electric Railway Co (Keisei Electric Railway Co) Headlines
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