Nippon Accommodations Fund Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Accommodations Fund has a total shareholder equity of ¥151.9B and total debt of ¥167.5B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are ¥327.1B and ¥175.2B respectively. Nippon Accommodations Fund's EBIT is ¥11.5B making its interest coverage ratio 15.7. It has cash and short-term investments of ¥16.9B.
Key information
110.3%
Debt to equity ratio
JP¥167.50b
Debt
Interest coverage ratio | 15.7x |
Cash | JP¥16.87b |
Equity | JP¥151.87b |
Total liabilities | JP¥175.18b |
Total assets | JP¥327.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3226's short term assets (¥18.6B) do not cover its short term liabilities (¥21.6B).
Long Term Liabilities: 3226's short term assets (¥18.6B) do not cover its long term liabilities (¥153.6B).
Debt to Equity History and Analysis
Debt Level: 3226's net debt to equity ratio (99.2%) is considered high.
Reducing Debt: 3226's debt to equity ratio has increased from 105.2% to 110.3% over the past 5 years.
Debt Coverage: 3226's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 3226's interest payments on its debt are well covered by EBIT (15.7x coverage).