Dream Residential Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Dream Residential Real Estate Investment Trust has a total shareholder equity of $218.0M and total debt of $137.6M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are $411.9M and $193.9M respectively. Dream Residential Real Estate Investment Trust's EBIT is $21.4M making its interest coverage ratio 2.1. It has cash and short-term investments of $10.9M.
Key information
63.1%
Debt to equity ratio
US$137.63m
Debt
Interest coverage ratio | 2.1x |
Cash | US$10.94m |
Equity | US$218.03m |
Total liabilities | US$193.89m |
Total assets | US$411.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRR.U's short term assets ($13.1M) do not cover its short term liabilities ($55.7M).
Long Term Liabilities: DRR.U's short term assets ($13.1M) do not cover its long term liabilities ($138.2M).
Debt to Equity History and Analysis
Debt Level: DRR.U's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: Insufficient data to determine if DRR.U's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DRR.U's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: DRR.U's interest payments on its debt are not well covered by EBIT (2.1x coverage).