Charter Hall Retail REIT Balance Sheet Health
Financial Health criteria checks 3/6
Charter Hall Retail REIT has a total shareholder equity of A$2.6B and total debt of A$1.0B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are A$3.8B and A$1.2B respectively. Charter Hall Retail REIT's EBIT is A$187.6M making its interest coverage ratio 3.5. It has cash and short-term investments of A$40.6M.
Key information
39.6%
Debt to equity ratio
AU$1.04b
Debt
| Interest coverage ratio | 3.5x |
| Cash | AU$40.60m |
| Equity | AU$2.62b |
| Total liabilities | AU$1.18b |
| Total assets | AU$3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CQR's short term assets (A$68.5M) do not cover its short term liabilities (A$120.4M).
Long Term Liabilities: CQR's short term assets (A$68.5M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: CQR's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: CQR's debt to equity ratio has reduced from 56.2% to 39.6% over the past 5 years.
Debt Coverage: CQR's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: CQR's interest payments on its debt are well covered by EBIT (3.5x coverage).