ESCON JAPAN REIT Investment Corporation

TSE:2971 Stock Report

Market Cap: JP¥41.0b

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 ratio17.1x
CashJP¥2.41b
EquityJP¥40.34b
Total liabilitiesJP¥36.43b
Total assetsJP¥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).


Balance Sheet


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