CapitaLand Ascendas REIT Balance Sheet Health
Financial Health criteria checks 1/6
CapitaLand Ascendas REIT has a total shareholder equity of SGD10.2B and total debt of SGD6.5B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are SGD18.3B and SGD8.1B respectively. CapitaLand Ascendas REIT's EBIT is SGD920.9M making its interest coverage ratio 3.6. It has cash and short-term investments of SGD221.1M.
Key information
63.9%
Debt to equity ratio
S$6.52b
Debt
Interest coverage ratio | 3.6x |
Cash | S$221.08m |
Equity | S$10.21b |
Total liabilities | S$8.06b |
Total assets | S$18.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3Z's short term assets (SGD377.2M) do not cover its short term liabilities (SGD1.6B).
Long Term Liabilities: S3Z's short term assets (SGD377.2M) do not cover its long term liabilities (SGD6.4B).
Debt to Equity History and Analysis
Debt Level: S3Z's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: S3Z's debt to equity ratio has increased from 60.4% to 63.9% over the past 5 years.
Debt Coverage: S3Z's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: S3Z's interest payments on its debt are well covered by EBIT (3.6x coverage).