R&R Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
R&R Real Estate Investment Trust has a total shareholder equity of $20.9M and total debt of $57.1M, which brings its debt-to-equity ratio to 273.8%. Its total assets and total liabilities are $110.1M and $89.3M respectively. R&R Real Estate Investment Trust's EBIT is $5.8M making its interest coverage ratio 1.6. It has cash and short-term investments of $10.4M.
Key information
273.8%
Debt to equity ratio
US$57.14m
Debt
Interest coverage ratio | 1.6x |
Cash | US$10.44m |
Equity | US$20.87m |
Total liabilities | US$89.26m |
Total assets | US$110.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRR.UN's short term assets ($17.5M) do not cover its short term liabilities ($23.1M).
Long Term Liabilities: RRR.UN's short term assets ($17.5M) do not cover its long term liabilities ($66.1M).
Debt to Equity History and Analysis
Debt Level: RRR.UN's net debt to equity ratio (223.8%) is considered high.
Reducing Debt: RRR.UN's debt to equity ratio has increased from 216.3% to 273.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RRR.UN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RRR.UN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.8% per year.