Charter Hall Retail REIT Balance Sheet Health

Financial Health criteria checks 3/6

Charter Hall Retail REIT has a total shareholder equity of A$2.6B and total debt of A$1.0B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are A$3.8B and A$1.2B respectively. Charter Hall Retail REIT's EBIT is A$187.6M making its interest coverage ratio 3.5. It has cash and short-term investments of A$40.6M.

Key information

39.6%

Debt to equity ratio

AU$1.04b

Debt

Interest coverage ratio3.5x
CashAU$40.60m
EquityAU$2.62b
Total liabilitiesAU$1.18b
Total assetsAU$3.80b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MQV's short term assets (A$68.5M) do not cover its short term liabilities (A$120.4M).

Long Term Liabilities: MQV's short term assets (A$68.5M) do not cover its long term liabilities (A$1.1B).


Debt to Equity History and Analysis

Debt Level: MQV's net debt to equity ratio (38.1%) is considered satisfactory.

Reducing Debt: MQV's debt to equity ratio has reduced from 56.2% to 39.6% over the past 5 years.

Debt Coverage: MQV's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: MQV's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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