NIPPON REIT Investment Balance Sheet Health
Financial Health criteria checks 1/6
NIPPON REIT Investment has a total shareholder equity of ¥130.6B and total debt of ¥132.6B, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are ¥275.5B and ¥144.9B respectively. NIPPON REIT Investment's EBIT is ¥9.4B making its interest coverage ratio 11. It has cash and short-term investments of ¥10.2B.
Key information
101.5%
Debt to equity ratio
JP¥132.62b
Debt
Interest coverage ratio | 11x |
Cash | JP¥10.25b |
Equity | JP¥130.61b |
Total liabilities | JP¥144.86b |
Total assets | JP¥275.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3296's short term assets (¥16.7B) do not cover its short term liabilities (¥20.8B).
Long Term Liabilities: 3296's short term assets (¥16.7B) do not cover its long term liabilities (¥124.1B).
Debt to Equity History and Analysis
Debt Level: 3296's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: 3296's debt to equity ratio has increased from 96.8% to 101.5% over the past 5 years.
Debt Coverage: 3296's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 3296's interest payments on its debt are well covered by EBIT (11x coverage).