Charter Hall Retail REIT Balance Sheet Health
Financial Health criteria checks 2/6
Charter Hall Retail REIT has a total shareholder equity of A$2.6B and total debt of A$1.2B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are A$4.0B and A$1.3B respectively. Charter Hall Retail REIT's EBIT is A$127.8M making its interest coverage ratio 2.6. It has cash and short-term investments of A$16.3M.
Key information
46.2%
Debt to equity ratio
AU$1.22b
Debt
Interest coverage ratio | 2.6x |
Cash | AU$16.30m |
Equity | AU$2.64b |
Total liabilities | AU$1.34b |
Total assets | AU$3.98b |
Recent financial health updates
No updates
Recent updates
Reflecting on Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Share Price Returns Over The Last Year
Feb 24Here's What Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Shareholder Ownership Structure Looks Like
Jan 20Does Charter Hall Retail Real Estate Investment Trust's (ASX:CQR) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Dec 16Financial Position Analysis
Short Term Liabilities: CQR's short term assets (A$342.5M) exceed its short term liabilities (A$132.1M).
Long Term Liabilities: CQR's short term assets (A$342.5M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: CQR's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: CQR's debt to equity ratio has reduced from 51% to 46.2% over the past 5 years.
Debt Coverage: CQR's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: CQR's interest payments on its debt are not well covered by EBIT (2.6x coverage).