Arena REIT Balance Sheet Health
Financial Health criteria checks 3/6
Arena REIT has a total shareholder equity of A$1.2B and total debt of A$376.3M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are A$1.6B and A$409.1M respectively. Arena REIT's EBIT is A$89.8M making its interest coverage ratio 5.2. It has cash and short-term investments of A$18.0M.
Key information
31.0%
Debt to equity ratio
AU$376.27m
Debt
| Interest coverage ratio | 5.2x |
| Cash | AU$17.97m |
| Equity | AU$1.21b |
| Total liabilities | AU$409.05m |
| Total assets | AU$1.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARF's short term assets (A$22.8M) do not cover its short term liabilities (A$31.8M).
Long Term Liabilities: ARF's short term assets (A$22.8M) do not cover its long term liabilities (A$377.2M).
Debt to Equity History and Analysis
Debt Level: ARF's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: ARF's debt to equity ratio has reduced from 32.2% to 31% over the past 5 years.
Debt Coverage: ARF's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: ARF's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arena REIT is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Steven Tjia | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |