Parkway Life Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Parkway Life Real Estate Investment Trust has a total shareholder equity of SGD1.4B and total debt of SGD817.3M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are SGD2.3B and SGD894.9M respectively. Parkway Life Real Estate Investment Trust's EBIT is SGD119.0M making its interest coverage ratio 10.7. It has cash and short-term investments of SGD57.1M.
Key information
57.4%
Debt to equity ratio
S$817.25m
Debt
| Interest coverage ratio | 10.7x |
| Cash | S$57.07m |
| Equity | S$1.42b |
| Total liabilities | S$894.89m |
| Total assets | S$2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3P51's short term assets (SGD78.1M) do not cover its short term liabilities (SGD121.1M).
Long Term Liabilities: 3P51's short term assets (SGD78.1M) do not cover its long term liabilities (SGD773.8M).
Debt to Equity History and Analysis
Debt Level: 3P51's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 3P51's debt to equity ratio has reduced from 63.3% to 57.4% over the past 5 years.
Debt Coverage: 3P51's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 3P51's interest payments on its debt are well covered by EBIT (10.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:33 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Parkway Life Real Estate Investment Trust is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul Robert Dewberry | BofA Global Research |
| Siti Bte Salikin | CFRA Equity Research |
| Xuan Tan | CGS International |