CRE Logistics REIT Balance Sheet Health
Financial Health criteria checks 2/6
CRE Logistics REIT has a total shareholder equity of ¥85.1B and total debt of ¥71.0B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are ¥161.0B and ¥75.9B respectively. CRE Logistics REIT's EBIT is ¥5.0B making its interest coverage ratio 8.2. It has cash and short-term investments of ¥1.2B.
Key information
83.5%
Debt to equity ratio
JP¥71.03b
Debt
Interest coverage ratio | 8.2x |
Cash | JP¥1.19b |
Equity | JP¥85.07b |
Total liabilities | JP¥75.94b |
Total assets | JP¥161.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3487's short term assets (¥5.6B) do not cover its short term liabilities (¥8.9B).
Long Term Liabilities: 3487's short term assets (¥5.6B) do not cover its long term liabilities (¥67.0B).
Debt to Equity History and Analysis
Debt Level: 3487's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: 3487's debt to equity ratio has reduced from 96.4% to 83.5% over the past 5 years.
Debt Coverage: 3487's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 3487's interest payments on its debt are well covered by EBIT (8.2x coverage).