Marimo Regional Revitalization REIT Balance Sheet Health
Financial Health criteria checks 3/6
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 106.9%. Its total assets and total liabilities are ¥55.0B and ¥29.9B respectively. Marimo Regional Revitalization REIT's EBIT is ¥2.0B making its interest coverage ratio 5.4. It has cash and short-term investments of ¥2.4B.
Key information
106.9%
Debt to equity ratio
JP¥26.82b
Debt
| Interest coverage ratio | 5.4x |
| Cash | JP¥2.43b |
| Equity | JP¥25.09b |
| Total liabilities | JP¥29.95b |
| Total assets | JP¥55.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3470's short term assets (¥6.0B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 3470's short term assets (¥6.0B) do not cover its long term liabilities (¥24.6B).
Debt to Equity History and Analysis
Debt Level: 3470's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: 3470's debt to equity ratio has reduced from 109.8% to 106.9% over the past 5 years.
Debt Coverage: 3470's debt is not well covered by operating cash flow (12%).
Interest Coverage: 3470's interest payments on its debt are well covered by EBIT (5.4x coverage).