SANKEI REAL ESTATE Balance Sheet Health
Financial Health criteria checks 3/6
SANKEI REAL ESTATE has a total shareholder equity of ¥50.5B and total debt of ¥50.2B, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are ¥104.8B and ¥54.3B respectively. SANKEI REAL ESTATE's EBIT is ¥7.6B making its interest coverage ratio 27.1. It has cash and short-term investments of ¥15.3B.
Key information
99.5%
Debt to equity ratio
JP¥50.20b
Debt
Interest coverage ratio | 27.1x |
Cash | JP¥15.25b |
Equity | JP¥50.47b |
Total liabilities | JP¥54.33b |
Total assets | JP¥104.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2972's short term assets (¥18.0B) exceed its short term liabilities (¥8.9B).
Long Term Liabilities: 2972's short term assets (¥18.0B) do not cover its long term liabilities (¥45.5B).
Debt to Equity History and Analysis
Debt Level: 2972's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: Insufficient data to determine if 2972's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2972's debt is well covered by operating cash flow (71.6%).
Interest Coverage: 2972's interest payments on its debt are well covered by EBIT (27.1x coverage).