Dexus Industria REIT Balance Sheet Health

Financial Health criteria checks 4/6

Dexus Industria REIT has a total shareholder equity of A$1.0B and total debt of A$263.1M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are A$1.4B and A$340.5M respectively. Dexus Industria REIT's EBIT is A$64.7M making its interest coverage ratio 3.4. It has cash and short-term investments of A$8.7M.

Key information

25.3%

Debt to equity ratio

AU$263.13m

Debt

Interest coverage ratio	3.4x
Cash	AU$8.75m
Equity	AU$1.04b
Total liabilities	AU$340.46m
Total assets	AU$1.38b

Recent financial health updates

No updates

Recent updates

Shareholders Of APN Industria REIT (ASX:ADI) Must Be Happy With Their 103% Total Return

Mar 09

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Feb 02

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Dec 29

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Nov 23

Financial Position Analysis

Short Term Liabilities: DXI's short term assets (A$17.8M) do not cover its short term liabilities (A$28.7M).

Long Term Liabilities: DXI's short term assets (A$17.8M) do not cover its long term liabilities (A$311.7M).

Debt to Equity History and Analysis

Debt Level: DXI's net debt to equity ratio (24.5%) is considered satisfactory.

Reducing Debt: DXI's debt to equity ratio has reduced from 47% to 25.3% over the past 5 years.

Debt Coverage: DXI's debt is well covered by operating cash flow (22.4%).

Interest Coverage: DXI's interest payments on its debt are well covered by EBIT (3.4x coverage).

Dexus Industria REIT Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

An undisclosed buyer acquired 15.09469% stake in Dexus Industria REIT (ASX:DXI) from Growthpoint Properties Australia (ASX:GOZ).

Fourth quarter dividend of AU$0.041 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Dexus Industria REIT Appoints Melanie Jane Bourke as Director

Now 21% undervalued

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Dividend of AU$0.041 announced

Dexus Industria REIT to Report Fiscal Year 2024 Results on Aug 14, 2024

Now 20% undervalued

Upcoming dividend of AU$0.041 per share

Dividend of AU$0.041 announced

Now 20% undervalued

First half 2024 earnings released: FFO per share: AU$0.09 (vs AU$0.085 in 1H 2023)

Dexus Industria REIT, Annual General Meeting, Nov 21, 2024

Upcoming dividend of AU$0.041 per share at 5.8% yield

Dexus Industria REIT Announces Estimated Dividend for the Quarter Ending December 31, 2023, Payable on February 22, 2024

An unknown buyer exchanged contract to acquire Property at 32-40 Garden Street, Kilsyth, Victoria from Dexus Industria REIT (ASX:DXI) for AUD 31.5 million.

Now 21% undervalued after recent price drop

Now 20% undervalued

Dexus Industria REIT Announces Dividend for the Quarter Ending September 30, 2023, Payable on November 9, 2023

Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.53 profit in FY 2022)

Now 21% undervalued after recent price drop

Consensus EPS estimates increase by 27%

An unknown buyer agreed to acquire 16-28 Quarry Road, Stapylton, Queensland from Dexus Industria REIT (ASX:DXI) for AUD 66.9 million.

Dexus Industria REIT Declares Dividend for the Quarter Ended 31 March 2023, Payable on 19 May 2023

Director recently bought AU$72k worth of stock

Now 21% undervalued

First half 2023 earnings released: FFO per share: AU$0.09 (vs AU$0.10 in 1H 2022)

Upcoming dividend of AU$0.041 per share

Dexus Industria REIT Announces Ordinary Unfranked Distribution for the Period of Quarter Ending December 30, 2022, Payable on February 23, 2023

Consensus forecasts updated

Less than half of directors are independent

Less than half of directors are independent

Dexus Industria REIT Appoints Danielle Cherie Carter as Director

Upcoming dividend of AU$0.041 per share

Dexus Industria REIT Announces Ordinary Estimated Distribution for the Quarter Ending September 30, 2022, Payable on November 10, 2022

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Dexus Industria REIT, Annual General Meeting, Nov 23, 2023

Dexus Industria REIT to Report Fiscal Year 2022 Results on Aug 10, 2022

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Dexus Industria Reit Appoints Emily Margaret Williams Smith as Director

Consensus forecasts updated

First half 2022 earnings: EPS and revenues exceed analyst expectations

Dexus Industria REIT Confirms Distribution for the Half Year Ended 31 December 2021

Dexus Industria REIT Reiterates Distribution Guidance for the Fiscal Year 2022

Upcoming dividend of AU$0.043 per share

Upcoming dividend of AU$0.043 per share

Price target increased to AU$3.40

Full year 2021 earnings released: FFO AU$0.20 per share (vs AU$0.19 in FY 2020)

Upcoming dividend of AU$0.043 per share

Consensus forecasts updated

Upcoming dividend of AU$0.043 per share

APN Industria REIT Announces Distribution for the Quarter Ending March 31, 2021, Payable on May 7, 2021

New 90-day high: AU$3.09

Shareholders Of APN Industria REIT (ASX:ADI) Must Be Happy With Their 103% Total Return

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APN Industria REIT to Report First Half, 2021 Results on Feb 17, 2021

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New 90-day high: AU$3.08

APN Industria REIT (ASX:ADI) entered into an agreement to acquire Three properties at Adelaide Airport for approximately AUD 28.8 million.

Did You Participate In Any Of APN Industria REIT's (ASX:ADI) Respectable 99% Return?

New 90-day high: AU$2.82

Upcoming Dividend of AU$0.043 Per Share

New 90-day high: AU$2.74

Earnings released

APN Industria REIT to Report Fiscal Year 2020 Results on Aug 19, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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