NTT UD REIT Investment Balance Sheet Health
Financial Health criteria checks 3/6
NTT UD REIT Investment has a total shareholder equity of ¥139.3B and total debt of ¥122.2B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are ¥275.0B and ¥135.7B respectively. NTT UD REIT Investment's EBIT is ¥10.9B making its interest coverage ratio 12.5. It has cash and short-term investments of ¥6.6B.
Key information
87.7%
Debt to equity ratio
JP¥122.15b
Debt
Interest coverage ratio | 12.5x |
Cash | JP¥6.61b |
Equity | JP¥139.29b |
Total liabilities | JP¥135.67b |
Total assets | JP¥274.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8956's short term assets (¥21.4B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 8956's short term assets (¥21.4B) do not cover its long term liabilities (¥114.3B).
Debt to Equity History and Analysis
Debt Level: 8956's net debt to equity ratio (83%) is considered high.
Reducing Debt: 8956's debt to equity ratio has reduced from 90.6% to 87.7% over the past 5 years.
Debt Coverage: 8956's debt is not well covered by operating cash flow (17%).
Interest Coverage: 8956's interest payments on its debt are well covered by EBIT (12.5x coverage).