Centuria Office REIT Balance Sheet Health
Financial Health criteria checks 1/6
Centuria Office REIT has a total shareholder equity of A$1.2B and total debt of A$892.8M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are A$2.2B and A$978.0M respectively. Centuria Office REIT's EBIT is A$104.5M making its interest coverage ratio 2.1. It has cash and short-term investments of A$23.6M.
Key information
75.6%
Debt to equity ratio
AU$892.82m
Debt
Interest coverage ratio | 2.1x |
Cash | AU$23.64m |
Equity | AU$1.18b |
Total liabilities | AU$977.98m |
Total assets | AU$2.16b |
Recent financial health updates
No updates
Recent updates
The Independent Non-Executive Chairman of Centuria Property Funds Limited of Centuria Office REIT (ASX:COF), Peter Done, Just Bought 33% More Shares
Feb 13What Type Of Shareholders Own The Most Number of Centuria Office REIT (ASX:COF) Shares?
Jan 01Do Its Financials Have Any Role To Play In Driving Centuria Office REIT's (ASX:COF) Stock Up Recently?
Nov 27Reflecting on Centuria Office REIT's (ASX:COF) Share Price Returns Over The Last Year
Jul 20Financial Position Analysis
Short Term Liabilities: COF's short term assets (A$100.7M) exceed its short term liabilities (A$52.6M).
Long Term Liabilities: COF's short term assets (A$100.7M) do not cover its long term liabilities (A$925.3M).
Debt to Equity History and Analysis
Debt Level: COF's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: COF's debt to equity ratio has increased from 58.2% to 75.6% over the past 5 years.
Debt Coverage: COF's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: COF's interest payments on its debt are not well covered by EBIT (2.1x coverage).