One REIT Balance Sheet Health
Financial Health criteria checks 1/6
One REIT has a total shareholder equity of ¥61.2B and total debt of ¥65.5B, which brings its debt-to-equity ratio to 107.1%. Its total assets and total liabilities are ¥134.9B and ¥73.7B respectively. One REIT's EBIT is ¥4.3B making its interest coverage ratio 8.4. It has cash and short-term investments of ¥4.1B.
Key information
107.1%
Debt to equity ratio
JP¥65.49b
Debt
Interest coverage ratio | 8.4x |
Cash | JP¥4.10b |
Equity | JP¥61.16b |
Total liabilities | JP¥73.72b |
Total assets | JP¥134.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3290's short term assets (¥11.8B) do not cover its short term liabilities (¥16.3B).
Long Term Liabilities: 3290's short term assets (¥11.8B) do not cover its long term liabilities (¥57.4B).
Debt to Equity History and Analysis
Debt Level: 3290's net debt to equity ratio (100.4%) is considered high.
Reducing Debt: 3290's debt to equity ratio has increased from 96.8% to 107.1% over the past 5 years.
Debt Coverage: 3290's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 3290's interest payments on its debt are well covered by EBIT (8.4x coverage).