Dexus Convenience Retail REIT Balance Sheet Health
Financial Health criteria checks 1/6
Dexus Convenience Retail REIT has a total shareholder equity of A$490.9M and total debt of A$243.4M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are A$753.9M and A$262.9M respectively. Dexus Convenience Retail REIT's EBIT is A$42.6M making its interest coverage ratio 2.9. It has cash and short-term investments of A$5.7M.
Key information
49.6%
Debt to equity ratio
AU$243.37m
Debt
| Interest coverage ratio | 2.9x |
| Cash | AU$5.68m |
| Equity | AU$490.92m |
| Total liabilities | AU$262.94m |
| Total assets | AU$753.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DXC's short term assets (A$8.9M) do not cover its short term liabilities (A$19.6M).
Long Term Liabilities: DXC's short term assets (A$8.9M) do not cover its long term liabilities (A$243.4M).
Debt to Equity History and Analysis
Debt Level: DXC's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: DXC's debt to equity ratio has reduced from 50.4% to 49.6% over the past 5 years.
Debt Coverage: DXC's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: DXC's interest payments on its debt are not well covered by EBIT (2.9x coverage).