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 ratio3.4x
CashAU$8.75m
EquityAU$1.04b
Total liabilitiesAU$340.46m
Total assetsAU$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).


Balance Sheet


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