XYMAX REIT Investment Balance Sheet Health
Financial Health criteria checks 1/6
XYMAX REIT Investment has a total shareholder equity of ¥26.3B and total debt of ¥19.7B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are ¥48.3B and ¥22.0B respectively. XYMAX REIT Investment's EBIT is ¥1.8B making its interest coverage ratio 12.6. It has cash and short-term investments of ¥1.2B.
Key information
75.1%
Debt to equity ratio
JP¥19.72b
Debt
Interest coverage ratio | 12.6x |
Cash | JP¥1.25b |
Equity | JP¥26.26b |
Total liabilities | JP¥21.99b |
Total assets | JP¥48.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3488's short term assets (¥3.9B) do not cover its short term liabilities (¥4.8B).
Long Term Liabilities: 3488's short term assets (¥3.9B) do not cover its long term liabilities (¥17.2B).
Debt to Equity History and Analysis
Debt Level: 3488's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: 3488's debt to equity ratio has increased from 49.9% to 75.1% over the past 5 years.
Debt Coverage: 3488's debt is not well covered by operating cash flow (9%).
Interest Coverage: 3488's interest payments on its debt are well covered by EBIT (12.6x coverage).