Nippon Accommodations Fund Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Accommodations Fund has a total shareholder equity of ¥152.3B and total debt of ¥167.5B, which brings its debt-to-equity ratio to 110%. Its total assets and total liabilities are ¥327.1B and ¥174.9B respectively. Nippon Accommodations Fund's EBIT is ¥11.9B making its interest coverage ratio 16.3. It has cash and short-term investments of ¥14.2B.
Key information
110.0%
Debt to equity ratio
JP¥167.50b
Debt
Interest coverage ratio | 16.3x |
Cash | JP¥14.15b |
Equity | JP¥152.28b |
Total liabilities | JP¥174.85b |
Total assets | JP¥327.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3226's short term assets (¥15.9B) do not cover its short term liabilities (¥20.2B).
Long Term Liabilities: 3226's short term assets (¥15.9B) do not cover its long term liabilities (¥154.7B).
Debt to Equity History and Analysis
Debt Level: 3226's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: 3226's debt to equity ratio has increased from 106.4% to 110% over the past 5 years.
Debt Coverage: 3226's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 3226's interest payments on its debt are well covered by EBIT (16.3x coverage).