Dexus Industria REIT Balance Sheet Health
Financial Health criteria checks 4/6
Dexus Industria REIT has a total shareholder equity of A$1.0B and total debt of A$263.1M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are A$1.4B and A$340.5M respectively. Dexus Industria REIT's EBIT is A$64.7M making its interest coverage ratio 3.4. It has cash and short-term investments of A$8.7M.
Key information
25.3%
Debt to equity ratio
AU$263.13m
Debt
| Interest coverage ratio | 3.4x |
| Cash | AU$8.75m |
| Equity | AU$1.04b |
| Total liabilities | AU$340.46m |
| Total assets | AU$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DXI's short term assets (A$17.8M) do not cover its short term liabilities (A$28.7M).
Long Term Liabilities: DXI's short term assets (A$17.8M) do not cover its long term liabilities (A$311.7M).
Debt to Equity History and Analysis
Debt Level: DXI's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: DXI's debt to equity ratio has reduced from 47% to 25.3% over the past 5 years.
Debt Coverage: DXI's debt is well covered by operating cash flow (22.4%).
Interest Coverage: DXI's interest payments on its debt are well covered by EBIT (3.4x coverage).