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Heiwa Real Estate REIT, Inc. (JP:8966)
:8966
Japanese Market
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Heiwa Real Estate REIT, Inc. (8966) Ratios

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Heiwa Real Estate REIT, Inc. Ratios

JP:8966's free cash flow for Q4 2025 was ¥0.85. For the 2025 fiscal year, JP:8966's free cash flow was decreased by ¥ and operating cash flow was ¥0.76. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.93 0.93 1.03 0.86 1.02
Quick Ratio
0.93 0.93 1.03 0.86 0.76
Cash Ratio
1.01 0.68 0.76 0.81 0.76
Solvency Ratio
0.09 0.08 0.08 0.08 0.08
Operating Cash Flow Ratio
0.84 0.75 0.66 0.82 0.60
Short-Term Operating Cash Flow Coverage
1.02 0.93 0.81 0.99 0.72
Net Current Asset Value
¥ -108.19B¥ -108.19B¥ -104.80B¥ -94.60B¥ -83.93B
Leverage Ratios
Debt-to-Assets Ratio
0.51 0.46 0.47 0.45 0.45
Debt-to-Equity Ratio
1.00 0.91 0.95 0.88 0.87
Debt-to-Capital Ratio
0.50 0.48 0.49 0.47 0.47
Long-Term Debt-to-Capital Ratio
0.47 0.44 0.45 0.43 0.43
Financial Leverage Ratio
1.98 2.00 2.03 1.96 1.95
Debt Service Coverage Ratio
0.87 0.74 0.71 0.66 0.66
Interest Coverage Ratio
0.00 9.61 9.28 10.59 9.86
Debt to Market Cap
0.63 0.81 0.73 0.60 0.59
Interest Debt Per Share
105.35K 96.23K 100.25K 92.39K 89.12K
Net Debt to EBITDA
8.75 9.22 9.45 9.17 9.38
Profitability Margins
Gross Profit Margin
62.70%62.70%62.26%61.95%60.94%
EBIT Margin
57.42%50.58%50.71%49.35%48.25%
EBITDA Margin
69.66%62.36%63.09%62.12%62.41%
Operating Profit Margin
51.62%51.62%50.94%50.32%49.03%
Pretax Profit Margin
45.21%45.21%45.22%44.60%43.28%
Net Profit Margin
50.51%45.20%45.21%44.59%43.27%
Continuous Operations Profit Margin
45.20%45.20%45.21%44.59%43.27%
Net Income Per EBT
111.72%99.98%99.98%99.98%99.98%
EBT Per EBIT
87.58%87.58%88.77%88.63%88.28%
Return on Assets (ROA)
3.60%3.23%3.14%3.05%2.90%
Return on Equity (ROE)
7.17%6.44%6.37%5.98%5.65%
Return on Capital Employed (ROCE)
3.96%3.96%3.80%3.72%3.54%
Return on Invested Capital (ROIC)
3.73%3.73%3.58%3.49%3.32%
Return on Tangible Assets
3.80%3.40%3.29%3.17%3.01%
Earnings Yield
4.72%5.74%4.93%4.11%3.80%
Efficiency Ratios
Receivables Turnover
111.95 111.95 134.42 146.15 0.00
Payables Turnover
6.85 6.85 7.30 9.16 9.23
Inventory Turnover
0.00 0.00 0.00 0.00 1.39
Fixed Asset Turnover
0.08 0.08 0.08 0.28 0.08
Asset Turnover
0.07 0.07 0.07 0.07 0.07
Working Capital Turnover Ratio
-15.55 -55.50 -18.35 -15.35 8.40
Cash Conversion Cycle
-50.04 -50.04 -47.26 -37.37 222.33
Days of Sales Outstanding
3.26 3.26 2.72 2.50 0.00
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 261.87
Days of Payables Outstanding
53.30 53.30 49.98 39.86 39.53
Operating Cycle
3.26 3.26 2.72 2.50 261.87
Cash Flow Ratios
Operating Cash Flow Per Share
12.18K 10.84K 9.99K 12.24K 8.57K
Free Cash Flow Per Share
-6.43K -1.04K -7.06K -11.15K -10.16K
CapEx Per Share
18.61K 11.88K 17.04K 23.40K 18.73K
Free Cash Flow to Operating Cash Flow
-0.53 -0.10 -0.71 -0.91 -1.19
Dividend Paid and CapEx Coverage Ratio
0.48 0.59 0.43 0.42 0.36
Capital Expenditure Coverage Ratio
0.65 0.91 0.59 0.52 0.46
Operating Cash Flow Coverage Ratio
0.12 0.11 0.10 0.13 0.10
Operating Cash Flow to Sales Ratio
0.82 0.73 0.68 0.88 0.65
Free Cash Flow Yield
-3.86%-0.89%-5.21%-7.35%-6.74%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
21.16 17.43 20.29 24.36 26.29
Price-to-Sales (P/S) Ratio
11.19 7.88 9.17 10.86 11.38
Price-to-Book (P/B) Ratio
1.51 1.12 1.29 1.46 1.49
Price-to-Free Cash Flow (P/FCF) Ratio
-25.92 -112.88 -19.19 -13.60 -14.83
Price-to-Operating Cash Flow Ratio
13.05 10.81 13.56 12.39 17.59
Price-to-Earnings Growth (PEG) Ratio
2.19 6.43 2.83 2.82 -5.85
Price-to-Fair Value
1.51 1.12 1.29 1.46 1.49
Enterprise Value Multiple
24.82 21.85 23.99 26.66 27.60
Enterprise Value
307.56B 242.31B 252.90B 251.03B 234.42B
EV to EBITDA
24.83 21.85 23.99 26.66 27.60
EV to Sales
17.30 13.63 15.14 16.56 17.23
EV to Free Cash Flow
-40.06 -195.29 -31.67 -20.74 -22.46
EV to Operating Cash Flow
21.13 18.71 22.38 18.89 26.63
Tangible Book Value Per Share
93.62K 93.61K 94.73K 96.42K 94.01K
Shareholders’ Equity Per Share
105.12K 104.51K 104.74K 104.12K 101.44K
Tax and Other Ratios
Effective Tax Rate
<0.01 <0.01 <0.01 <0.01 <0.01
Revenue Per Share
14.88K 14.88K 14.76K 13.97K 13.25K
Net Income Per Share
7.52K 6.73K 6.67K 6.23K 5.73K
Tax Burden
1.12 1.00 1.00 1.00 1.00
Interest Burden
0.79 0.89 0.89 0.90 0.90
Research & Development to Revenue
0.00 0.00 0.00 <0.01 <0.01
SG&A to Revenue
0.00 0.09 0.09 0.09 0.10
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
1.62 1.61 1.50 1.97 1.49
Currency in JPY
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