Heiwa Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Heiwa Real Estate has a total shareholder equity of ¥125.6B and total debt of ¥222.7B, which brings its debt-to-equity ratio to 177.2%. Its total assets and total liabilities are ¥406.0B and ¥280.3B respectively. Heiwa Real Estate's EBIT is ¥13.0B making its interest coverage ratio 9.9. It has cash and short-term investments of ¥28.4B.
Key information
177.2%
Debt to equity ratio
JP¥222.67b
Debt
Interest coverage ratio | 9.9x |
Cash | JP¥28.42b |
Equity | JP¥125.64b |
Total liabilities | JP¥280.34b |
Total assets | JP¥405.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8803's short term assets (¥53.3B) exceed its short term liabilities (¥29.1B).
Long Term Liabilities: 8803's short term assets (¥53.3B) do not cover its long term liabilities (¥251.3B).
Debt to Equity History and Analysis
Debt Level: 8803's net debt to equity ratio (154.6%) is considered high.
Reducing Debt: 8803's debt to equity ratio has increased from 169.3% to 177.2% over the past 5 years.
Debt Coverage: 8803's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 8803's interest payments on its debt are well covered by EBIT (9.9x coverage).