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Elanor Retail Property Fund Balance Sheet Health
Financial Health criteria checks 5/6
Key information
27.5%
Debt to equity ratio
AU$41.69m
Debt
| Interest coverage ratio | 8.9x |
| Cash | AU$5.40m |
| Equity | AU$151.46m |
| Total liabilities | AU$53.08m |
| Total assets | AU$204.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ERF's short term assets (A$98.2M) exceed its short term liabilities (A$11.4M).
Long Term Liabilities: ERF's short term assets (A$98.2M) exceed its long term liabilities (A$41.7M).
Debt to Equity History and Analysis
Debt Level: ERF's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: ERF's debt to equity ratio has reduced from 45.2% to 27.5% over the past 5 years.
Debt Coverage: ERF's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: ERF's interest payments on its debt are well covered by EBIT (8.9x coverage).