Tokyu REIT Balance Sheet Health
Financial Health criteria checks 1/6
Tokyu REIT has a total shareholder equity of ¥123.6B and total debt of ¥104.5B, which brings its debt-to-equity ratio to 84.6%. Its total assets and total liabilities are ¥241.4B and ¥117.9B respectively. Tokyu REIT's EBIT is ¥6.9B making its interest coverage ratio 8.5. It has cash and short-term investments of ¥6.8B.
Key information
84.6%
Debt to equity ratio
JP¥104.50b
Debt
Interest coverage ratio | 8.5x |
Cash | JP¥6.84b |
Equity | JP¥123.56b |
Total liabilities | JP¥117.85b |
Total assets | JP¥241.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8957's short term assets (¥9.9B) do not cover its short term liabilities (¥10.3B).
Long Term Liabilities: 8957's short term assets (¥9.9B) do not cover its long term liabilities (¥107.5B).
Debt to Equity History and Analysis
Debt Level: 8957's net debt to equity ratio (79%) is considered high.
Reducing Debt: 8957's debt to equity ratio has increased from 82.1% to 84.6% over the past 5 years.
Debt Coverage: 8957's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 8957's interest payments on its debt are well covered by EBIT (8.5x coverage).