Japan Real Estate Investment Balance Sheet Health
Financial Health criteria checks 1/6
Japan Real Estate Investment has a total shareholder equity of ¥518.0B and total debt of ¥460.5B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are ¥1,047.2B and ¥529.2B respectively. Japan Real Estate Investment's EBIT is ¥35.1B making its interest coverage ratio 20.8. It has cash and short-term investments of ¥23.3B.
Key information
88.9%
Debt to equity ratio
JP¥460.49b
Debt
| Interest coverage ratio | 20.8x |
| Cash | JP¥23.34b |
| Equity | JP¥517.99b |
| Total liabilities | JP¥529.17b |
| Total assets | JP¥1.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JREI.F's short term assets (¥33.1B) do not cover its short term liabilities (¥110.4B).
Long Term Liabilities: JREI.F's short term assets (¥33.1B) do not cover its long term liabilities (¥418.8B).
Debt to Equity History and Analysis
Debt Level: JREI.F's net debt to equity ratio (84.4%) is considered high.
Reducing Debt: JREI.F's debt to equity ratio has increased from 85.8% to 88.9% over the past 5 years.
Debt Coverage: JREI.F's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: JREI.F's interest payments on its debt are well covered by EBIT (20.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/11 21:16 |
| End of Day Share Price | 2023/04/13 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Japan Real Estate Investment Corporation is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Hashimoto | Barclays |
| David Gleeson | BofA Global Research |
| Yoshizumi Kimura | Citigroup Inc |