Nippon Prologis REIT Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Prologis REIT has a total shareholder equity of ¥510.7B and total debt of ¥333.3B, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are ¥880.7B and ¥370.0B respectively. Nippon Prologis REIT's EBIT is ¥27.3B making its interest coverage ratio 14.3. It has cash and short-term investments of ¥31.7B.
Key information
65.3%
Debt to equity ratio
JP¥333.30b
Debt
| Interest coverage ratio | 14.3x |
| Cash | JP¥31.66b |
| Equity | JP¥510.75b |
| Total liabilities | JP¥369.98b |
| Total assets | JP¥880.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPON.F's short term assets (¥41.2B) do not cover its short term liabilities (¥48.9B).
Long Term Liabilities: NPON.F's short term assets (¥41.2B) do not cover its long term liabilities (¥321.0B).
Debt to Equity History and Analysis
Debt Level: NPON.F's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: NPON.F's debt to equity ratio has increased from 64.3% to 65.3% over the past 5 years.
Debt Coverage: NPON.F's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: NPON.F's interest payments on its debt are well covered by EBIT (14.3x coverage).