Heiwa Real Estate REIT Balance Sheet Health
Financial Health criteria checks 1/6
Heiwa Real Estate REIT has a total shareholder equity of ¥119.0B and total debt of ¥114.0B, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are ¥243.2B and ¥124.2B respectively. Heiwa Real Estate REIT's EBIT is ¥9.0B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥11.9B.
Key information
95.9%
Debt to equity ratio
JP¥114.04b
Debt
| Interest coverage ratio | 9.6x |
| Cash | JP¥11.87b |
| Equity | JP¥118.95b |
| Total liabilities | JP¥124.21b |
| Total assets | JP¥243.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8966's short term assets (¥16.4B) do not cover its short term liabilities (¥17.2B).
Long Term Liabilities: 8966's short term assets (¥16.4B) do not cover its long term liabilities (¥107.1B).
Debt to Equity History and Analysis
Debt Level: 8966's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: 8966's debt to equity ratio has increased from 86.4% to 95.9% over the past 5 years.
Debt Coverage: 8966's debt is not well covered by operating cash flow (11%).
Interest Coverage: 8966's interest payments on its debt are well covered by EBIT (9.6x coverage).