Tokyu REIT Balance Sheet Health
Financial Health criteria checks 1/6
Tokyu REIT has a total shareholder equity of ¥122.8B and total debt of ¥104.5B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are ¥241.5B and ¥118.6B respectively. Tokyu REIT's EBIT is ¥6.1B making its interest coverage ratio 8. It has cash and short-term investments of ¥5.6B.
Key information
85.1%
Debt to equity ratio
JP¥104.50b
Debt
Interest coverage ratio | 8x |
Cash | JP¥5.56b |
Equity | JP¥122.82b |
Total liabilities | JP¥118.64b |
Total assets | JP¥241.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKUR.F's short term assets (¥8.3B) do not cover its short term liabilities (¥14.1B).
Long Term Liabilities: TKUR.F's short term assets (¥8.3B) do not cover its long term liabilities (¥104.6B).
Debt to Equity History and Analysis
Debt Level: TKUR.F's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: TKUR.F's debt to equity ratio has increased from 82.4% to 85.1% over the past 5 years.
Debt Coverage: TKUR.F's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: TKUR.F's interest payments on its debt are well covered by EBIT (8x coverage).