Dexus Convenience Retail REIT Balance Sheet Health
Financial Health criteria checks 2/6
Dexus Convenience Retail REIT has a total shareholder equity of A$500.4M and total debt of A$248.7M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are A$769.0M and A$268.6M respectively. Dexus Convenience Retail REIT's EBIT is A$43.2M making its interest coverage ratio 3.7. It has cash and short-term investments of A$8.7M.
Key information
49.7%
Debt to equity ratio
AU$248.67m
Debt
Interest coverage ratio | 3.7x |
Cash | AU$8.75m |
Equity | AU$500.41m |
Total liabilities | AU$268.63m |
Total assets | AU$769.04m |
Recent financial health updates
No updates
Recent updates
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Dec 10Financial Position Analysis
Short Term Liabilities: DXC's short term assets (A$11.2M) do not cover its short term liabilities (A$20.0M).
Long Term Liabilities: DXC's short term assets (A$11.2M) do not cover its long term liabilities (A$248.7M).
Debt to Equity History and Analysis
Debt Level: DXC's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: DXC's debt to equity ratio has reduced from 50.1% to 49.7% over the past 5 years.
Debt Coverage: DXC's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: DXC's interest payments on its debt are well covered by EBIT (3.7x coverage).