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 ratio5.1x
CashAU$24.70m
EquityAU$1.87b
Total liabilitiesAU$965.70m
Total assetsAU$2.84b

Recent financial health updates

No updates

Recent 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).


Balance Sheet


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