Takara Leben Real Estate Investment Balance Sheet Health
Financial Health criteria checks 2/6
Takara Leben Real Estate Investment has a total shareholder equity of ¥70.4B and total debt of ¥67.2B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are ¥142.7B and ¥72.2B respectively. Takara Leben Real Estate Investment's EBIT is ¥4.5B making its interest coverage ratio 6.2. It has cash and short-term investments of ¥5.0B.
Key information
95.3%
Debt to equity ratio
JP¥67.15b
Debt
| Interest coverage ratio | 6.2x |
| Cash | JP¥4.99b |
| Equity | JP¥70.45b |
| Total liabilities | JP¥72.24b |
| Total assets | JP¥142.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3492's short term assets (¥7.5B) do not cover its short term liabilities (¥17.8B).
Long Term Liabilities: 3492's short term assets (¥7.5B) do not cover its long term liabilities (¥54.4B).
Debt to Equity History and Analysis
Debt Level: 3492's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: 3492's debt to equity ratio has reduced from 100.5% to 95.3% over the past 5 years.
Debt Coverage: 3492's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 3492's interest payments on its debt are well covered by EBIT (6.2x coverage).