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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CRE Logistics REIT, Inc. is covered by 4 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.
| Analyst | Institution |
|---|---|
| null null | Daiwa Securities Co. Ltd. |
| Yosuke Ohata | Mizuho Securities Co., Ltd. |
| Mikio Namiki | Okasan Securities Co. Ltd. |