Lead Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Lead Real Estate has a total shareholder equity of ¥3.7B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 325.4%. Its total assets and total liabilities are ¥17.5B and ¥13.8B respectively. Lead Real Estate's EBIT is ¥559.2M making its interest coverage ratio 27.2. It has cash and short-term investments of ¥618.9M.
Key information
325.4%
Debt to equity ratio
JP¥12.15b
Debt
Interest coverage ratio | 27.2x |
Cash | JP¥618.91m |
Equity | JP¥3.74b |
Total liabilities | JP¥13.75b |
Total assets | JP¥17.49b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRE's short term assets (¥13.2B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: LRE's short term assets (¥13.2B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: LRE's net debt to equity ratio (308.8%) is considered high.
Reducing Debt: Insufficient data to determine if LRE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LRE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LRE's interest payments on its debt are well covered by EBIT (27.2x coverage).