Elanor Commercial Property Fund Balance Sheet Health
Financial Health criteria checks 0/6
Elanor Commercial Property Fund has a total shareholder equity of A$298.6M and total debt of A$192.3M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are A$508.0M and A$209.4M respectively. Elanor Commercial Property Fund's EBIT is A$17.1M making its interest coverage ratio 2.4. It has cash and short-term investments of A$8.0M.
Key information
64.4%
Debt to equity ratio
AU$192.29m
Debt
| Interest coverage ratio | 2.4x |
| Cash | AU$8.02m |
| Equity | AU$298.58m |
| Total liabilities | AU$209.43m |
| Total assets | AU$508.01m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ECF's short term assets (A$12.1M) do not cover its short term liabilities (A$14.9M).
Long Term Liabilities: ECF's short term assets (A$12.1M) do not cover its long term liabilities (A$194.5M).
Debt to Equity History and Analysis
Debt Level: ECF's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: Insufficient data to determine if ECF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ECF's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: ECF's interest payments on its debt are not well covered by EBIT (2.4x coverage).