Ichigo Hotel REIT Investment Balance Sheet Health
Financial Health criteria checks 1/6
Ichigo Hotel REIT Investment has a total shareholder equity of ¥40.7B and total debt of ¥32.5B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are ¥74.8B and ¥34.1B respectively. Ichigo Hotel REIT Investment's EBIT is ¥2.2B making its interest coverage ratio 5.9. It has cash and short-term investments of ¥1.1B.
Key information
79.8%
Debt to equity ratio
JP¥32.47b
Debt
Interest coverage ratio | 5.9x |
Cash | JP¥1.06b |
Equity | JP¥40.67b |
Total liabilities | JP¥34.11b |
Total assets | JP¥74.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3463's short term assets (¥4.8B) do not cover its short term liabilities (¥10.9B).
Long Term Liabilities: 3463's short term assets (¥4.8B) do not cover its long term liabilities (¥23.3B).
Debt to Equity History and Analysis
Debt Level: 3463's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 3463's debt to equity ratio has increased from 65.9% to 79.8% over the past 5 years.
Debt Coverage: 3463's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: 3463's interest payments on its debt are well covered by EBIT (5.9x coverage).