Marimo Regional Revitalization REIT Balance Sheet Health
Financial Health criteria checks 2/6
Marimo Regional Revitalization REIT has a total shareholder equity of ¥25.1B and total debt of ¥26.8B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are ¥55.1B and ¥29.9B respectively. Marimo Regional Revitalization REIT's EBIT is ¥1.9B making its interest coverage ratio 6.7. It has cash and short-term investments of ¥1.7B.
Key information
106.7%
Debt to equity ratio
JP¥26.82b
Debt
Interest coverage ratio | 6.7x |
Cash | JP¥1.68b |
Equity | JP¥25.13b |
Total liabilities | JP¥29.94b |
Total assets | JP¥55.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3470's short term assets (¥5.3B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 3470's short term assets (¥5.3B) do not cover its long term liabilities (¥24.6B).
Debt to Equity History and Analysis
Debt Level: 3470's net debt to equity ratio (100%) is considered high.
Reducing Debt: 3470's debt to equity ratio has increased from 103.9% to 106.7% over the past 5 years.
Debt Coverage: 3470's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 3470's interest payments on its debt are well covered by EBIT (6.7x coverage).