CRE Logistics REIT (TSE:3487) Interest Coverage: 7.94 (As of Dec. 2025) — 33% Below Median


TSE:3487 CRE Logistics REIT Inc TSE:3487
67 GF Score
Price 円140,400.00
GF Value 円154,327.21
Valuation Fairly Valued
! 8 Warning Signs
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What is CRE Logistics REIT Interest Coverage?

CRE Logistics REIT TSE:3487 +0.29% 67 Interest Coverage is 7.94 as of Dec. 2025, which is 33% below its 10-year median of 11.88. GuruFocus rates TSE:3487 with a GF Score™ of 67/100 and a GF Value™ of 円154,327.21 (Fairly Valued). The stock has 8 warning signs investors should review. Among 699 REITs companies, CRE Logistics REIT ranks better than 75.54% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. CRE Logistics REIT's Operating Income for the six months ended in Dec. 2025 was 円2,645 Mil. CRE Logistics REIT's Interest Expense for the six months ended in Dec. 2025 was 円-333 Mil. CRE Logistics REIT's interest coverage for the quarter that ended in Dec. 2025 was 7.94. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for CRE Logistics REIT's Interest Coverage or its related term are showing as below:

TSE:3487' s Interest Coverage Range Over the Past 10 Years
Min: 8.37   Med: 11.88   Max: 16.68
Current: 8.37


TSE:3487's Interest Coverage is ranked better than
75.54% of 699 companies
in the REITs industry
Industry Median: 3.11 vs TSE:3487: 8.37

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


CRE Logistics REIT  (TSE:3487) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


CRE Logistics REIT Interest Coverage Related Terms


CRE Logistics REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for CRE Logistics REIT's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

CRE Logistics REIT Interest Coverage Chart

CRE Logistics REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 12.64 16.68 11.88 10.32 8.37

CRE Logistics REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.52 10.62 10.06 8.86 7.94

TSE:3487 vs VICI, WPC: Interest Coverage Comparison

For the REIT - Diversified subindustry, CRE Logistics REIT's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CRE Logistics REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, CRE Logistics REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CRE Logistics REIT's Interest Coverage falls into.


TSE:3487
67GF Score
CRE Logistics REIT Inc TSE:3487
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRE Logistics REIT Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CRE Logistics REIT's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, CRE Logistics REIT's Interest Expense was 円-625 Mil. Its Operating Income was 円5,234 Mil. And its Long-Term Debt & Capital Lease Obligation was 円55,669 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5234.198/-625.085
=8.37

CRE Logistics REIT's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, CRE Logistics REIT's Interest Expense was 円-333 Mil. Its Operating Income was 円2,645 Mil. And its Long-Term Debt & Capital Lease Obligation was 円55,669 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*2645.107/-332.963
=7.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7.94 mean?
CRE Logistics REIT (TSE:3487) has a Interest Coverage of 7.94 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CRE Logistics REIT and its competitors. This is 33% below median its historical median of 11.88. Over the past decade, CRE Logistics REIT's Interest Coverage has ranged from 8.37 to 16.68. According to the industry distribution chart, CRE Logistics REIT ranks #171 out of 699 companies in the REITs industry, placing it in the top 24.5%.
Is CRE Logistics REIT's Interest Coverage too high?
CRE Logistics REIT's current Interest Coverage of 7.94 is 33% below median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 16.68. The REITs industry median Interest Coverage is 3.11. CRE Logistics REIT's value of 7.94 is 155.3% above this industry median. Based on the distribution chart, CRE Logistics REIT ranks #171 out of 699 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, CRE Logistics REIT has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CRE Logistics REIT's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, CRE Logistics REIT ranks #171 out of 699 companies for Interest Coverage. This places CRE Logistics REIT in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.11. CRE Logistics REIT's value of 7.94 is 155.3% above this benchmark. Historically, CRE Logistics REIT's own Interest Coverage has ranged from 8.37 to 16.68 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 3.11, CRE Logistics REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.11, based on 699 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CRE Logistics REIT's current Interest Coverage of 7.94 is 155.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CRE Logistics REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRE Logistics REIT's current Interest Coverage is 7.94, which is 33% below median its own 10-year median of 11.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRE Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, CRE Logistics REIT (TSE:3487) is currently considered Fairly Valued. The stock's GF Value™ is 円154,327.21, compared to a current price of 円140,400.00 — trading 9% below its estimated fair value. The current Interest Coverage is 7.94, which is 33% below median its 10-year median of 11.88 and 155.3% above the REITs industry median of 3.11. CRE Logistics REIT's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For CRE Logistics REIT (TSE:3487), the current Interest Coverage is 7.94 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CRE Logistics REIT (TSE:3487) Overvalued in 2026?

Based on GuruFocus' analysis, CRE Logistics REIT stock appears to be undervalued. The current stock price of 円140,400.00 is trading 9% below its estimated GF Value™ of 円154,327.21. GuruFocus considers CRE Logistics REIT to be Fairly Valued.

Key valuation signals for TSE:3487:

  • Interest Coverage: 7.94 (33% below median its 10-year median of 11.88)
  • GF Value™: 円154,327.21 vs. price of 円140,400.00 (9% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 155.3% above the REITs median (#171 of 699)

No single metric tells the full story. See the TSE:3487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRE Logistics REIT Business Description

Industry Real EstateREITs
Address 2-10-1, East Tower 19th Floor, Toranomon Twin Building, Toranomon, Minato-ku, Tokyo, JPN, 105-1001
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.
67GF Score

Get the complete analysis for TSE:3487

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円140,400.00
Price
円154,327.21
GF Value