Urban Logistics REIT Balance Sheet Health

Financial Health criteria checks 2/6

Urban Logistics REIT has a total shareholder equity of £748.4M and total debt of £402.6M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are £1.2B and £441.0M respectively. Urban Logistics REIT's EBIT is £49.3M making its interest coverage ratio 2.9. It has cash and short-term investments of £31.1M.

Key information

53.8%

Debt to equity ratio

UK£402.60m

Debt

Interest coverage ratio2.9x
CashUK£31.09m
EquityUK£748.36m
Total liabilitiesUK£441.04m
Total assetsUK£1.19b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CW0's short term assets (£46.6M) exceed its short term liabilities (£22.3M).

Long Term Liabilities: CW0's short term assets (£46.6M) do not cover its long term liabilities (£418.7M).


Debt to Equity History and Analysis

Debt Level: CW0's net debt to equity ratio (49.6%) is considered high.

Reducing Debt: CW0's debt to equity ratio has reduced from 60.1% to 53.8% over the past 5 years.

Debt Coverage: CW0's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: CW0's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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