Waypoint REIT Balance Sheet Health
Financial Health criteria checks 2/6
Waypoint REIT has a total shareholder equity of A$1.9B and total debt of A$900.9M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are A$2.8B and A$965.7M respectively. Waypoint REIT's EBIT is A$221.8M making its interest coverage ratio 5.1. It has cash and short-term investments of A$24.7M.
Key information
48.1%
Debt to equity ratio
AU$900.90m
Debt
| Interest coverage ratio | 5.1x |
| Cash | AU$24.70m |
| Equity | AU$1.87b |
| Total liabilities | AU$965.70m |
| Total assets | AU$2.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WPR's short term assets (A$28.1M) do not cover its short term liabilities (A$38.6M).
Long Term Liabilities: WPR's short term assets (A$28.1M) do not cover its long term liabilities (A$927.1M).
Debt to Equity History and Analysis
Debt Level: WPR's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: WPR's debt to equity ratio has reduced from 48.6% to 48.1% over the past 5 years.
Debt Coverage: WPR's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: WPR's interest payments on its debt are well covered by EBIT (5.1x coverage).