Daiwa House REIT Investment Balance Sheet Health
Financial Health criteria checks 1/6
Daiwa House REIT Investment has a total shareholder equity of ¥509.4B and total debt of ¥420.6B, which brings its debt-to-equity ratio to 82.6%. Its total assets and total liabilities are ¥963.5B and ¥454.1B respectively. Daiwa House REIT Investment's EBIT is ¥25.8B making its interest coverage ratio 8.6. It has cash and short-term investments of ¥26.7B.
Key information
82.6%
Debt to equity ratio
JP¥420.57b
Debt
| Interest coverage ratio | 8.6x |
| Cash | JP¥26.72b |
| Equity | JP¥509.37b |
| Total liabilities | JP¥454.12b |
| Total assets | JP¥963.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8984's short term assets (¥47.9B) do not cover its short term liabilities (¥61.1B).
Long Term Liabilities: 8984's short term assets (¥47.9B) do not cover its long term liabilities (¥393.0B).
Debt to Equity History and Analysis
Debt Level: 8984's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: 8984's debt to equity ratio has increased from 75.5% to 82.6% over the past 5 years.
Debt Coverage: 8984's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 8984's interest payments on its debt are well covered by EBIT (8.6x coverage).