Emirates REIT (CEIC) Balance Sheet Health
Financial Health criteria checks 0/6
Emirates REIT (CEIC) has a total shareholder equity of $499.7M and total debt of $495.4M, which brings its debt-to-equity ratio to 99.1%. Its total assets and total liabilities are $1.0B and $537.3M respectively. Emirates REIT (CEIC)'s EBIT is $48.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $23.2M.
Key information
99.1%
Debt to equity ratio
US$495.38m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$23.19m |
| Equity | US$499.74m |
| Total liabilities | US$537.29m |
| Total assets | US$1.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REIT's short term assets ($37.0M) do not cover its short term liabilities ($368.4M).
Long Term Liabilities: REIT's short term assets ($37.0M) do not cover its long term liabilities ($168.9M).
Debt to Equity History and Analysis
Debt Level: REIT's net debt to equity ratio (94.5%) is considered high.
Reducing Debt: REIT's debt to equity ratio has increased from 89.2% to 99.1% over the past 5 years.
Debt Coverage: REIT's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: REIT's interest payments on its debt are not well covered by EBIT (0.9x coverage).