MORI TRUST REIT Balance Sheet Health
Financial Health criteria checks 2/6
MORI TRUST REIT has a total shareholder equity of ¥233.7B and total debt of ¥225.5B, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are ¥475.7B and ¥242.0B respectively. MORI TRUST REIT's EBIT is ¥13.4B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥23.9B.
Key information
96.5%
Debt to equity ratio
JP¥225.50b
Debt
| Interest coverage ratio | 9.6x |
| Cash | JP¥23.95b |
| Equity | JP¥233.71b |
| Total liabilities | JP¥241.97b |
| Total assets | JP¥475.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8961's short term assets (¥29.4B) do not cover its short term liabilities (¥55.7B).
Long Term Liabilities: 8961's short term assets (¥29.4B) do not cover its long term liabilities (¥186.3B).
Debt to Equity History and Analysis
Debt Level: 8961's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: 8961's debt to equity ratio has reduced from 96.9% to 96.5% over the past 5 years.
Debt Coverage: 8961's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 8961's interest payments on its debt are well covered by EBIT (9.6x coverage).