ESCON JAPAN REIT Investment Balance Sheet Health
Financial Health criteria checks 3/6
ESCON JAPAN REIT Investment has a total shareholder equity of ¥40.3B and total debt of ¥33.1B, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are ¥76.8B and ¥36.4B respectively. ESCON JAPAN REIT Investment's EBIT is ¥3.1B making its interest coverage ratio 17.1. It has cash and short-term investments of ¥2.4B.
Key information
82.0%
Debt to equity ratio
JP¥33.09b
Debt
| Interest coverage ratio | 17.1x |
| Cash | JP¥2.41b |
| Equity | JP¥40.34b |
| Total liabilities | JP¥36.43b |
| Total assets | JP¥76.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2971's short term assets (¥6.3B) do not cover its short term liabilities (¥6.7B).
Long Term Liabilities: 2971's short term assets (¥6.3B) do not cover its long term liabilities (¥29.7B).
Debt to Equity History and Analysis
Debt Level: 2971's net debt to equity ratio (76%) is considered high.
Reducing Debt: 2971's debt to equity ratio has reduced from 83.9% to 82% over the past 5 years.
Debt Coverage: 2971's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 2971's interest payments on its debt are well covered by EBIT (17.1x coverage).