DRI Healthcare Trust Balance Sheet Health
Financial Health criteria checks 3/6
DRI Healthcare Trust has a total shareholder equity of $561.5M and total debt of $238.7M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are $835.0M and $273.5M respectively. DRI Healthcare Trust's EBIT is $18.3M making its interest coverage ratio 0.7. It has cash and short-term investments of $62.8M.
Key information
42.5%
Debt to equity ratio
US$238.73m
Debt
Interest coverage ratio | 0.7x |
Cash | US$62.84m |
Equity | US$561.50m |
Total liabilities | US$273.46m |
Total assets | US$834.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHT.U's short term assets ($127.3M) exceed its short term liabilities ($81.7M).
Long Term Liabilities: DHT.U's short term assets ($127.3M) do not cover its long term liabilities ($191.8M).
Debt to Equity History and Analysis
Debt Level: DHT.U's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DHT.U's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DHT.U's debt is well covered by operating cash flow (32.4%).
Interest Coverage: DHT.U's interest payments on its debt are not well covered by EBIT (0.7x coverage).