Hankyu Hanshin REIT Balance Sheet Health
Financial Health criteria checks 2/6
Hankyu Hanshin REIT has a total shareholder equity of ¥86.7B and total debt of ¥86.8B, which brings its debt-to-equity ratio to 100.2%. Its total assets and total liabilities are ¥182.2B and ¥95.6B respectively. Hankyu Hanshin REIT's EBIT is ¥4.9B making its interest coverage ratio 6.8. It has cash and short-term investments of ¥5.6B.
Key information
100.2%
Debt to equity ratio
JP¥86.80b
Debt
| Interest coverage ratio | 6.8x |
| Cash | JP¥5.62b |
| Equity | JP¥86.66b |
| Total liabilities | JP¥95.58b |
| Total assets | JP¥182.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8977's short term assets (¥11.0B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 8977's short term assets (¥11.0B) do not cover its long term liabilities (¥87.0B).
Debt to Equity History and Analysis
Debt Level: 8977's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: 8977's debt to equity ratio has increased from 85.4% to 100.2% over the past 5 years.
Debt Coverage: 8977's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 8977's interest payments on its debt are well covered by EBIT (6.8x coverage).