Nippon Hotel & Residential Investment Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Hotel & Residential Investment has a total shareholder equity of ¥21.0B and total debt of ¥12.9B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are ¥35.4B and ¥14.5B respectively. Nippon Hotel & Residential Investment's EBIT is ¥1.0B making its interest coverage ratio 4.8. It has cash and short-term investments of ¥1.6B.
Key information
61.5%
Debt to equity ratio
JP¥12.89b
Debt
Interest coverage ratio | 4.8x |
Cash | JP¥1.57b |
Equity | JP¥20.97b |
Total liabilities | JP¥14.46b |
Total assets | JP¥35.43b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3472's short term assets (¥1.9B) do not cover its short term liabilities (¥9.9B).
Long Term Liabilities: 3472's short term assets (¥1.9B) do not cover its long term liabilities (¥4.6B).
Debt to Equity History and Analysis
Debt Level: 3472's net debt to equity ratio (54%) is considered high.
Reducing Debt: 3472's debt to equity ratio has reduced from 75.3% to 61.5% over the past 5 years.
Debt Coverage: 3472's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 3472's interest payments on its debt are well covered by EBIT (4.8x coverage).