CRE Logistics REIT Balance Sheet Health
Financial Health criteria checks 2/6
CRE Logistics REIT has a total shareholder equity of ¥84.7B and total debt of ¥70.8B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are ¥160.1B and ¥75.3B respectively. CRE Logistics REIT's EBIT is ¥4.8B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥1.4B.
Key information
83.6%
Debt to equity ratio
JP¥70.82b
Debt
| Interest coverage ratio | 7.9x |
| Cash | JP¥1.36b |
| Equity | JP¥84.74b |
| Total liabilities | JP¥75.32b |
| Total assets | JP¥160.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3487's short term assets (¥5.4B) do not cover its short term liabilities (¥10.6B).
Long Term Liabilities: 3487's short term assets (¥5.4B) do not cover its long term liabilities (¥64.7B).
Debt to Equity History and Analysis
Debt Level: 3487's net debt to equity ratio (82%) is considered high.
Reducing Debt: 3487's debt to equity ratio has reduced from 97.1% to 83.6% over the past 5 years.
Debt Coverage: 3487's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 3487's interest payments on its debt are well covered by EBIT (7.9x coverage).