Sekisui House Reit Balance Sheet Health
Financial Health criteria checks 1/6
Sekisui House Reit has a total shareholder equity of ¥293.2B and total debt of ¥257.2B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are ¥569.5B and ¥276.3B respectively. Sekisui House Reit's EBIT is ¥15.9B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥15.1B.
Key information
87.7%
Debt to equity ratio
JP¥257.24b
Debt
Interest coverage ratio | 9.6x |
Cash | JP¥15.06b |
Equity | JP¥293.23b |
Total liabilities | JP¥276.25b |
Total assets | JP¥569.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3309's short term assets (¥35.4B) do not cover its short term liabilities (¥49.5B).
Long Term Liabilities: 3309's short term assets (¥35.4B) do not cover its long term liabilities (¥226.8B).
Debt to Equity History and Analysis
Debt Level: 3309's net debt to equity ratio (82.6%) is considered high.
Reducing Debt: 3309's debt to equity ratio has increased from 80.6% to 87.7% over the past 5 years.
Debt Coverage: 3309's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 3309's interest payments on its debt are well covered by EBIT (9.6x coverage).