Mitsubishi Estate Logistics REIT Investment Balance Sheet Health
Financial Health criteria checks 1/6
Mitsubishi Estate Logistics REIT Investment has a total shareholder equity of ¥160.4B and total debt of ¥113.0B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are ¥282.3B and ¥121.9B respectively. Mitsubishi Estate Logistics REIT Investment's EBIT is ¥9.2B making its interest coverage ratio 14.6. It has cash and short-term investments of ¥4.7B.
Key information
70.5%
Debt to equity ratio
JP¥113.05b
Debt
| Interest coverage ratio | 14.6x |
| Cash | JP¥4.68b |
| Equity | JP¥160.41b |
| Total liabilities | JP¥121.94b |
| Total assets | JP¥282.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3481's short term assets (¥14.7B) do not cover its short term liabilities (¥14.8B).
Long Term Liabilities: 3481's short term assets (¥14.7B) do not cover its long term liabilities (¥107.1B).
Debt to Equity History and Analysis
Debt Level: 3481's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: 3481's debt to equity ratio has increased from 38.6% to 70.5% over the past 5 years.
Debt Coverage: 3481's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 3481's interest payments on its debt are well covered by EBIT (14.6x coverage).