Waypoint REIT Balance Sheet Health
Financial Health criteria checks 2/6
Waypoint REIT has a total shareholder equity of A$1.8B and total debt of A$894.2M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are A$2.8B and A$965.3M respectively. Waypoint REIT's EBIT is A$154.2M making its interest coverage ratio 3.9. It has cash and short-term investments of A$22.4M.
Key information
48.8%
Debt to equity ratio
AU$894.20m
Debt
Interest coverage ratio | 3.9x |
Cash | AU$22.40m |
Equity | AU$1.83b |
Total liabilities | AU$965.30m |
Total assets | AU$2.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WPR's short term assets (A$24.0M) do not cover its short term liabilities (A$40.4M).
Long Term Liabilities: WPR's short term assets (A$24.0M) do not cover its long term liabilities (A$924.9M).
Debt to Equity History and Analysis
Debt Level: WPR's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: WPR's debt to equity ratio has reduced from 53.7% to 48.8% over the past 5 years.
Debt Coverage: WPR's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: WPR's interest payments on its debt are well covered by EBIT (3.9x coverage).