Heiwa Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Heiwa Real Estate has a total shareholder equity of ¥114.9B and total debt of ¥220.1B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are ¥390.1B and ¥275.2B respectively. Heiwa Real Estate's EBIT is ¥9.0B making its interest coverage ratio 6.8. It has cash and short-term investments of ¥14.5B.
Key information
191.5%
Debt to equity ratio
JP¥220.10b
Debt
| Interest coverage ratio | 6.8x |
| Cash | JP¥14.54b |
| Equity | JP¥114.91b |
| Total liabilities | JP¥275.23b |
| Total assets | JP¥390.14b |
Recent financial health updates
Here's Why Heiwa Real Estate (TSE:8803) Has A Meaningful Debt Burden
Jul 30
Heiwa Real Estate (TSE:8803) Takes On Some Risk With Its Use Of Debt
Apr 30Recent updates
Here's Why Heiwa Real Estate (TSE:8803) Has A Meaningful Debt Burden
Jul 30We Think That There Are More Issues For Heiwa Real Estate (TSE:8803) Than Just Sluggish Earnings
May 07Heiwa Real Estate Co., Ltd. (TSE:8803) Yearly Results: Here's What Analysts Are Forecasting For This Year
May 03Heiwa Real Estate (TSE:8803) Takes On Some Risk With Its Use Of Debt
Apr 30Financial Position Analysis
Short Term Liabilities: 8803's short term assets (¥37.2B) exceed its short term liabilities (¥28.8B).
Long Term Liabilities: 8803's short term assets (¥37.2B) do not cover its long term liabilities (¥246.4B).
Debt to Equity History and Analysis
Debt Level: 8803's net debt to equity ratio (178.9%) is considered high.
Reducing Debt: 8803's debt to equity ratio has increased from 167% to 191.5% over the past 5 years.
Debt Coverage: 8803's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 8803's interest payments on its debt are well covered by EBIT (6.8x coverage).