Kenedix Residential Next Investment Balance Sheet Health
Financial Health criteria checks 1/6
Kenedix Residential Next Investment has a total shareholder equity of ¥150.8B and total debt of ¥165.9B, which brings its debt-to-equity ratio to 110%. Its total assets and total liabilities are ¥328.2B and ¥177.4B respectively. Kenedix Residential Next Investment's EBIT is ¥10.5B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥13.2B.
Key information
110.0%
Debt to equity ratio
JP¥165.92b
Debt
| Interest coverage ratio | 9.6x |
| Cash | JP¥13.20b |
| Equity | JP¥150.85b |
| Total liabilities | JP¥177.37b |
| Total assets | JP¥328.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3278's short term assets (¥24.4B) do not cover its short term liabilities (¥26.4B).
Long Term Liabilities: 3278's short term assets (¥24.4B) do not cover its long term liabilities (¥151.0B).
Debt to Equity History and Analysis
Debt Level: 3278's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 3278's debt to equity ratio has increased from 107.5% to 110% over the past 5 years.
Debt Coverage: 3278's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 3278's interest payments on its debt are well covered by EBIT (9.6x coverage).