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%. Its total assets and total liabilities are ¥48.4B and ¥22.2B respectively. XYMAX REIT Investment's EBIT is ¥1.9B making its interest coverage ratio 12.2. It has cash and short-term investments of ¥1.3B.
Key information
75.0%
Debt to equity ratio
JP¥19.72b
Debt
| Interest coverage ratio | 12.2x |
| Cash | JP¥1.33b |
| Equity | JP¥26.27b |
| Total liabilities | JP¥22.16b |
| Total assets | JP¥48.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3488's short term assets (¥4.0B) do not cover its short term liabilities (¥5.0B).
Long Term Liabilities: 3488's short term assets (¥4.0B) 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%) is considered high.
Reducing Debt: 3488's debt to equity ratio has increased from 50.2% to 75% over the past 5 years.
Debt Coverage: 3488's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 3488's interest payments on its debt are well covered by EBIT (12.2x coverage).