RAM Essential Services Property Fund Balance Sheet Health
Financial Health criteria checks 2/6
RAM Essential Services Property Fund has a total shareholder equity of A$476.6M and total debt of A$287.8M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are A$781.5M and A$304.9M respectively. RAM Essential Services Property Fund's EBIT is A$31.0M making its interest coverage ratio 2.3. It has cash and short-term investments of A$18.5M.
Key information
60.4%
Debt to equity ratio
AU$287.85m
Debt
Interest coverage ratio | 2.3x |
Cash | AU$18.51m |
Equity | AU$476.57m |
Total liabilities | AU$304.93m |
Total assets | AU$781.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REP's short term assets (A$31.8M) do not cover its short term liabilities (A$36.8M).
Long Term Liabilities: REP's short term assets (A$31.8M) do not cover its long term liabilities (A$268.2M).
Debt to Equity History and Analysis
Debt Level: REP's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: Insufficient data to determine if REP's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable REP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: REP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.6% per year.