Mori Hills REIT Investment Balance Sheet Health
Financial Health criteria checks 3/6
Mori Hills REIT Investment has a total shareholder equity of ¥205.6B and total debt of ¥189.9B, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are ¥413.3B and ¥207.7B respectively. Mori Hills REIT Investment's EBIT is ¥13.7B making its interest coverage ratio 16.3. It has cash and short-term investments of ¥18.2B.
Key information
92.4%
Debt to equity ratio
JP¥189.92b
Debt
| Interest coverage ratio | 16.3x |
| Cash | JP¥18.22b |
| Equity | JP¥205.58b |
| Total liabilities | JP¥207.69b |
| Total assets | JP¥413.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3234's short term assets (¥24.0B) exceed its short term liabilities (¥23.9B).
Long Term Liabilities: 3234's short term assets (¥24.0B) do not cover its long term liabilities (¥183.8B).
Debt to Equity History and Analysis
Debt Level: 3234's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: 3234's debt to equity ratio has reduced from 92.7% to 92.4% over the past 5 years.
Debt Coverage: 3234's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 3234's interest payments on its debt are well covered by EBIT (16.3x coverage).