Elanor Commercial Property Fund Balance Sheet Health
Financial Health criteria checks 1/6
Elanor Commercial Property Fund has a total shareholder equity of A$264.2M and total debt of A$194.9M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are A$475.6M and A$211.4M respectively. Elanor Commercial Property Fund's EBIT is A$17.9M making its interest coverage ratio 2.1. It has cash and short-term investments of A$10.7M.
Key information
73.8%
Debt to equity ratio
AU$194.86m
Debt
| Interest coverage ratio | 2.1x |
| Cash | AU$10.74m |
| Equity | AU$264.19m |
| Total liabilities | AU$211.45m |
| Total assets | AU$475.64m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECF's short term assets (A$11.8M) do not cover its short term liabilities (A$84.8M).
Long Term Liabilities: ECF's short term assets (A$11.8M) do not cover its long term liabilities (A$126.6M).
Debt to Equity History and Analysis
Debt Level: ECF's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: ECF's debt to equity ratio has reduced from 103.9% to 73.8% over the past 5 years.
Debt Coverage: ECF's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: ECF's interest payments on its debt are not well covered by EBIT (2.1x coverage).