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 $241.3M and total debt of $138.2M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are $407.6M and $166.3M respectively. Dream Residential Real Estate Investment Trust's EBIT is $20.9M making its interest coverage ratio 2.1. It has cash and short-term investments of $6.8M.
Key information
57.3%
Debt to equity ratio
US$138.21m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$6.82m |
| Equity | US$241.30m |
| Total liabilities | US$166.30m |
| Total assets | US$407.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRR.UN's short term assets ($10.2M) do not cover its short term liabilities ($27.9M).
Long Term Liabilities: DRR.UN's short term assets ($10.2M) do not cover its long term liabilities ($138.4M).
Debt to Equity History and Analysis
Debt Level: DRR.UN's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: Insufficient data to determine if DRR.UN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DRR.UN's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: DRR.UN's interest payments on its debt are not well covered by EBIT (2.1x coverage).