Frontier Real Estate Investment Balance Sheet Health
Financial Health criteria checks 1/6
Frontier Real Estate Investment has a total shareholder equity of ¥174.4B and total debt of ¥130.1B, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are ¥336.3B and ¥161.9B respectively. Frontier Real Estate Investment's EBIT is ¥12.4B making its interest coverage ratio 22.3. It has cash and short-term investments of ¥13.5B.
Key information
74.6%
Debt to equity ratio
JP¥130.10b
Debt
Interest coverage ratio | 22.3x |
Cash | JP¥13.53b |
Equity | JP¥174.39b |
Total liabilities | JP¥161.94b |
Total assets | JP¥336.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8964's short term assets (¥18.5B) do not cover its short term liabilities (¥18.8B).
Long Term Liabilities: 8964's short term assets (¥18.5B) do not cover its long term liabilities (¥143.1B).
Debt to Equity History and Analysis
Debt Level: 8964's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 8964's debt to equity ratio has increased from 61.5% to 74.6% over the past 5 years.
Debt Coverage: 8964's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 8964's interest payments on its debt are well covered by EBIT (22.3x coverage).