Nippon Prologis REIT Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Prologis REIT has a total shareholder equity of ¥488.8B and total debt of ¥314.8B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are ¥836.1B and ¥347.3B respectively. Nippon Prologis REIT's EBIT is ¥25.9B making its interest coverage ratio 14.7. It has cash and short-term investments of ¥24.8B.
Key information
64.4%
Debt to equity ratio
JP¥314.80b
Debt
Interest coverage ratio | 14.7x |
Cash | JP¥24.83b |
Equity | JP¥488.78b |
Total liabilities | JP¥347.30b |
Total assets | JP¥836.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3283's short term assets (¥36.1B) exceed its short term liabilities (¥30.4B).
Long Term Liabilities: 3283's short term assets (¥36.1B) do not cover its long term liabilities (¥316.9B).
Debt to Equity History and Analysis
Debt Level: 3283's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 3283's debt to equity ratio has increased from 60.7% to 64.4% over the past 5 years.
Debt Coverage: 3283's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 3283's interest payments on its debt are well covered by EBIT (14.7x coverage).