Tokaido REIT Balance Sheet Health
Financial Health criteria checks 1/6
Tokaido REIT has a total shareholder equity of ¥25.0B and total debt of ¥22.9B, which brings its debt-to-equity ratio to 91.5%. Its total assets and total liabilities are ¥49.6B and ¥24.6B respectively. Tokaido REIT's EBIT is ¥1.9B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥826.0M.
Key information
91.5%
Debt to equity ratio
JP¥22.90b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥826.00m |
| Equity | JP¥25.04b |
| Total liabilities | JP¥24.57b |
| Total assets | JP¥49.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AI70's short term assets (¥2.9B) do not cover its short term liabilities (¥3.5B).
Long Term Liabilities: AI70's short term assets (¥2.9B) do not cover its long term liabilities (¥21.1B).
Debt to Equity History and Analysis
Debt Level: AI70's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: Insufficient data to determine if AI70's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AI70's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: AI70's interest payments on its debt are well covered by EBIT (7.2x coverage).