Hoshino Resorts REIT Balance Sheet Health
Financial Health criteria checks 1/6
Hoshino Resorts REIT has a total shareholder equity of ¥126.3B and total debt of ¥84.3B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are ¥216.0B and ¥89.8B respectively. Hoshino Resorts REIT's EBIT is ¥5.4B making its interest coverage ratio 6.3. It has cash and short-term investments of ¥11.8B.
Key information
66.8%
Debt to equity ratio
JP¥84.30b
Debt
Interest coverage ratio | 6.3x |
Cash | JP¥11.76b |
Equity | JP¥126.26b |
Total liabilities | JP¥89.79b |
Total assets | JP¥216.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3287's short term assets (¥12.8B) do not cover its short term liabilities (¥16.1B).
Long Term Liabilities: 3287's short term assets (¥12.8B) do not cover its long term liabilities (¥73.7B).
Debt to Equity History and Analysis
Debt Level: 3287's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: 3287's debt to equity ratio has increased from 49.9% to 66.8% over the past 5 years.
Debt Coverage: 3287's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 3287's interest payments on its debt are well covered by EBIT (6.3x coverage).