Charter Hall Long WALE REIT Balance Sheet Health
Financial Health criteria checks 1/6
Charter Hall Long WALE REIT has a total shareholder equity of A$3.4B and total debt of A$1.8B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are A$5.3B and A$1.9B respectively. Charter Hall Long WALE REIT's EBIT is A$70.7M making its interest coverage ratio 0.8. It has cash and short-term investments of A$51.2M.
Key information
53.2%
Debt to equity ratio
AU$1.79b
Debt
| Interest coverage ratio | 0.8x |
| Cash | AU$51.24m |
| Equity | AU$3.37b |
| Total liabilities | AU$1.88b |
| Total assets | AU$5.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CLW's short term assets (A$374.1M) exceed its short term liabilities (A$90.2M).
Long Term Liabilities: CLW's short term assets (A$374.1M) do not cover its long term liabilities (A$1.8B).
Debt to Equity History and Analysis
Debt Level: CLW's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: CLW's debt to equity ratio has increased from 41.4% to 53.2% over the past 5 years.
Debt Coverage: CLW's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: CLW's interest payments on its debt are not well covered by EBIT (0.8x coverage).