Sekisui House Reit Balance Sheet Health
Financial Health criteria checks 2/6
Sekisui House Reit has a total shareholder equity of ¥289.5B and total debt of ¥257.2B, which brings its debt-to-equity ratio to 88.8%. Its total assets and total liabilities are ¥565.0B and ¥275.5B respectively. Sekisui House Reit's EBIT is ¥22.5B making its interest coverage ratio 14.1. It has cash and short-term investments of ¥33.7B.
Key information
88.8%
Debt to equity ratio
JP¥257.24b
Debt
| Interest coverage ratio | 14.1x |
| Cash | JP¥33.68b |
| Equity | JP¥289.53b |
| Total liabilities | JP¥275.50b |
| Total assets | JP¥565.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3309's short term assets (¥52.4B) do not cover its short term liabilities (¥55.1B).
Long Term Liabilities: 3309's short term assets (¥52.4B) do not cover its long term liabilities (¥220.4B).
Debt to Equity History and Analysis
Debt Level: 3309's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 3309's debt to equity ratio has increased from 87.7% to 88.8% over the past 5 years.
Debt Coverage: 3309's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 3309's interest payments on its debt are well covered by EBIT (14.1x coverage).