CapitaLand Integrated Commercial Trust Balance Sheet Health
Financial Health criteria checks 1/6
CapitaLand Integrated Commercial Trust has a total shareholder equity of SGD14.5B and total debt of SGD9.6B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are SGD24.8B and SGD10.3B respectively. CapitaLand Integrated Commercial Trust's EBIT is SGD1.0B making its interest coverage ratio 3.3. It has cash and short-term investments of SGD147.2M.
Key information
66.0%
Debt to equity ratio
S$9.60b
Debt
| Interest coverage ratio | 3.3x |
| Cash | S$147.17m |
| Equity | S$14.54b |
| Total liabilities | S$10.27b |
| Total assets | S$24.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3T's short term assets (SGD224.4M) do not cover its short term liabilities (SGD1.9B).
Long Term Liabilities: M3T's short term assets (SGD224.4M) do not cover its long term liabilities (SGD8.4B).
Debt to Equity History and Analysis
Debt Level: M3T's net debt to equity ratio (65%) is considered high.
Reducing Debt: M3T's debt to equity ratio has increased from 49% to 66% over the past 5 years.
Debt Coverage: M3T's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: M3T's interest payments on its debt are well covered by EBIT (3.3x coverage).