ENBD REIT (CEIC) Balance Sheet Health
Financial Health criteria checks 1/6
ENBD REIT (CEIC) has a total shareholder equity of $189.3M and total debt of $197.4M, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are $418.2M and $228.9M respectively. ENBD REIT (CEIC)'s EBIT is $21.5M making its interest coverage ratio 1.5. It has cash and short-term investments of $21.9M.
Key information
104.3%
Debt to equity ratio
US$197.42m
Debt
Interest coverage ratio | 1.5x |
Cash | US$21.95m |
Equity | US$189.27m |
Total liabilities | US$228.90m |
Total assets | US$418.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENBDREIT's short term assets ($30.2M) exceed its short term liabilities ($14.7M).
Long Term Liabilities: ENBDREIT's short term assets ($30.2M) do not cover its long term liabilities ($214.2M).
Debt to Equity History and Analysis
Debt Level: ENBDREIT's net debt to equity ratio (92.7%) is considered high.
Reducing Debt: ENBDREIT's debt to equity ratio has increased from 62.3% to 104.3% over the past 5 years.
Debt Coverage: ENBDREIT's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: ENBDREIT's interest payments on its debt are not well covered by EBIT (1.5x coverage).