Mitsubishi Estate Logistics REIT Investment Corporation

TSE:3481 Stock Report

Market Cap: JP¥172.2b

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 ¥10.3B making its interest coverage ratio 15.7. It has cash and short-term investments of ¥4.7B.

Key information

70.5%

Debt to equity ratio

JP¥113.05b

Debt

Interest coverage ratio15.7x
CashJP¥4.68b
EquityJP¥160.41b
Total liabilitiesJP¥121.94b
Total assetsJP¥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 (19%).

Interest Coverage: 3481's interest payments on its debt are well covered by EBIT (15.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:34
End of Day Share Price 2024/12/26 00:00
Earnings2024/08/31
Annual Earnings2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Mitsubishi Estate Logistics REIT Investment Corporation is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Noritaka HoboDaiwa Securities Co. Ltd.
Yasuhiro IshiiMitsubishi UFJ Morgan Stanley Securities Company Limited
Yosuke OhataMizuho Securities Co., Ltd.