Nomura Real Estate Master Fund Balance Sheet Health
Financial Health criteria checks 2/6
Nomura Real Estate Master Fund has a total shareholder equity of ¥614.7B and total debt of ¥521.4B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are ¥1,192.1B and ¥577.4B respectively. Nomura Real Estate Master Fund's EBIT is ¥35.0B making its interest coverage ratio 8. It has cash and short-term investments of ¥51.0B.
Key information
84.8%
Debt to equity ratio
JP¥521.38b
Debt
Interest coverage ratio | 8x |
Cash | JP¥51.03b |
Equity | JP¥614.69b |
Total liabilities | JP¥577.44b |
Total assets | JP¥1.19t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3462's short term assets (¥53.4B) do not cover its short term liabilities (¥62.9B).
Long Term Liabilities: 3462's short term assets (¥53.4B) do not cover its long term liabilities (¥514.5B).
Debt to Equity History and Analysis
Debt Level: 3462's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: 3462's debt to equity ratio has reduced from 87.1% to 84.8% over the past 5 years.
Debt Coverage: 3462's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 3462's interest payments on its debt are well covered by EBIT (8x coverage).