Newmark Property REIT Balance Sheet Health
Financial Health criteria checks 1/6
Newmark Property REIT has a total shareholder equity of A$298.1M and total debt of A$274.6M, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are A$581.6M and A$283.5M respectively. Newmark Property REIT's EBIT is A$22.0M making its interest coverage ratio 2. It has cash and short-term investments of A$4.0M.
Key information
92.1%
Debt to equity ratio
AU$274.62m
Debt
Interest coverage ratio | 2x |
Cash | AU$4.03m |
Equity | AU$298.05m |
Total liabilities | AU$283.50m |
Total assets | AU$581.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPR's short term assets (A$5.0M) do not cover its short term liabilities (A$283.5M).
Long Term Liabilities: NPR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NPR's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: Insufficient data to determine if NPR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NPR's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: NPR's interest payments on its debt are not well covered by EBIT (2x coverage).