Japan Prime Realty Investment Balance Sheet Health
Financial Health criteria checks 3/6
Japan Prime Realty Investment has a total shareholder equity of ¥273.8B and total debt of ¥205.4B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are ¥510.8B and ¥237.0B respectively. Japan Prime Realty Investment's EBIT is ¥17.0B making its interest coverage ratio 11.5. It has cash and short-term investments of ¥27.8B.
Key information
75.0%
Debt to equity ratio
JP¥205.40b
Debt
| Interest coverage ratio | 11.5x |
| Cash | JP¥27.78b |
| Equity | JP¥273.75b |
| Total liabilities | JP¥237.05b |
| Total assets | JP¥510.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8955's short term assets (¥40.7B) exceed its short term liabilities (¥30.5B).
Long Term Liabilities: 8955's short term assets (¥40.7B) do not cover its long term liabilities (¥206.5B).
Debt to Equity History and Analysis
Debt Level: 8955's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 8955's debt to equity ratio has reduced from 75.8% to 75% over the past 5 years.
Debt Coverage: 8955's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 8955's interest payments on its debt are well covered by EBIT (11.5x coverage).