Tokyu REIT Balance Sheet Health
Financial Health criteria checks 1/6
Tokyu REIT has a total shareholder equity of ¥124.6B and total debt of ¥111.5B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are ¥249.9B and ¥125.3B respectively. Tokyu REIT's EBIT is ¥6.9B making its interest coverage ratio 8.5. It has cash and short-term investments of ¥1.1B.
Key information
89.5%
Debt to equity ratio
JP¥111.50b
Debt
| Interest coverage ratio | 8.5x |
| Cash | JP¥1.10b |
| Equity | JP¥124.65b |
| Total liabilities | JP¥125.30b |
| Total assets | JP¥249.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8957's short term assets (¥4.6B) do not cover its short term liabilities (¥19.6B).
Long Term Liabilities: 8957's short term assets (¥4.6B) do not cover its long term liabilities (¥105.7B).
Debt to Equity History and Analysis
Debt Level: 8957's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: 8957's debt to equity ratio has increased from 81.2% to 89.5% over the past 5 years.
Debt Coverage: 8957's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 8957's interest payments on its debt are well covered by EBIT (8.5x coverage).