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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Elanor Commercial Property Fund is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leanne Truong | Ord Minnett Limited |
| Milo Ferris | Ord Minnett Limited |
| Aiden Bradley | Shaw and Partners Limited |