360 Capital REIT Balance Sheet Health
Financial Health criteria checks 1/6
360 Capital REIT has a total shareholder equity of A$129.4M and total debt of A$98.0M, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are A$233.6M and A$104.2M respectively. 360 Capital REIT's EBIT is A$10.8M making its interest coverage ratio 2.2. It has cash and short-term investments of A$5.7M.
Key information
75.7%
Debt to equity ratio
AU$98.00m
Debt
| Interest coverage ratio | 2.2x |
| Cash | AU$5.66m |
| Equity | AU$129.44m |
| Total liabilities | AU$104.18m |
| Total assets | AU$233.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTNA's short term assets (A$6.1M) exceed its short term liabilities (A$5.7M).
Long Term Liabilities: TOTNA's short term assets (A$6.1M) do not cover its long term liabilities (A$98.5M).
Debt to Equity History and Analysis
Debt Level: TOTNA's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: TOTNA's debt to equity ratio has increased from 0% to 75.7% over the past 5 years.
Debt Coverage: TOTNA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOTNA's interest payments on its debt are not well covered by EBIT (2.2x coverage).