Centerspace Balance Sheet Health
Financial Health criteria checks 3/6
Centerspace has a total shareholder equity of $914.9M and total debt of $931.7M, which brings its debt-to-equity ratio to 101.8%. Its total assets and total liabilities are $1.9B and $984.6M respectively. Centerspace's EBIT is $22.3M making its interest coverage ratio 0.6. It has cash and short-term investments of $14.3M.
Key information
101.8%
Debt to equity ratio
US$931.68m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$14.33m |
| Equity | US$914.86m |
| Total liabilities | US$984.57m |
| Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WXC1's short term assets ($35.7M) do not cover its short term liabilities ($56.6M).
Long Term Liabilities: WXC1's short term assets ($35.7M) do not cover its long term liabilities ($927.9M).
Debt to Equity History and Analysis
Debt Level: WXC1's net debt to equity ratio (100.3%) is considered high.
Reducing Debt: WXC1's debt to equity ratio has reduced from 114.7% to 101.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WXC1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WXC1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.