MORI TRUST REIT Balance Sheet Health
Financial Health criteria checks 1/6
MORI TRUST REIT has a total shareholder equity of ¥233.5B and total debt of ¥226.5B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are ¥476.4B and ¥242.9B respectively. MORI TRUST REIT's EBIT is ¥12.6B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥20.9B.
Key information
97.0%
Debt to equity ratio
JP¥226.50b
Debt
Interest coverage ratio | 9.6x |
Cash | JP¥20.92b |
Equity | JP¥233.46b |
Total liabilities | JP¥242.91b |
Total assets | JP¥476.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8961's short term assets (¥26.0B) do not cover its short term liabilities (¥58.6B).
Long Term Liabilities: 8961's short term assets (¥26.0B) do not cover its long term liabilities (¥184.3B).
Debt to Equity History and Analysis
Debt Level: 8961's net debt to equity ratio (88.1%) is considered high.
Reducing Debt: 8961's debt to equity ratio has increased from 96.9% to 97% over the past 5 years.
Debt Coverage: 8961's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 8961's interest payments on its debt are well covered by EBIT (9.6x coverage).