Japan Logistics Fund Balance Sheet Health
Financial Health criteria checks 3/6
Japan Logistics Fund has a total shareholder equity of ¥142.4B and total debt of ¥119.7B, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are ¥273.7B and ¥131.3B respectively. Japan Logistics Fund's EBIT is ¥10.6B making its interest coverage ratio 14. It has cash and short-term investments of ¥10.5B.
Key information
84.1%
Debt to equity ratio
JP¥119.70b
Debt
Interest coverage ratio | 14x |
Cash | JP¥10.46b |
Equity | JP¥142.40b |
Total liabilities | JP¥131.28b |
Total assets | JP¥273.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8967's short term assets (¥15.8B) exceed its short term liabilities (¥10.7B).
Long Term Liabilities: 8967's short term assets (¥15.8B) do not cover its long term liabilities (¥120.6B).
Debt to Equity History and Analysis
Debt Level: 8967's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: 8967's debt to equity ratio has reduced from 85.5% to 84.1% over the past 5 years.
Debt Coverage: 8967's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 8967's interest payments on its debt are well covered by EBIT (14x coverage).