360 Capital REIT Balance Sheet Health
Financial Health criteria checks 1/6
360 Capital REIT has a total shareholder equity of A$128.7M and total debt of A$73.4M, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are A$207.4M and A$78.6M respectively. 360 Capital REIT's EBIT is A$10.4M making its interest coverage ratio 1.9. It has cash and short-term investments of A$5.7M.
Key information
57.0%
Debt to equity ratio
AU$73.38m
Debt
| Interest coverage ratio | 1.9x |
| Cash | AU$5.66m |
| Equity | AU$128.73m |
| Total liabilities | AU$78.65m |
| Total assets | AU$207.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TOT's short term assets (A$6.0M) exceed its short term liabilities (A$4.9M).
Long Term Liabilities: TOT's short term assets (A$6.0M) do not cover its long term liabilities (A$73.7M).
Debt to Equity History and Analysis
Debt Level: TOT's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: TOT's debt to equity ratio has increased from 0% to 57% over the past 5 years.
Debt Coverage: TOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOT's interest payments on its debt are not well covered by EBIT (1.9x coverage).