Wheeler Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Wheeler Real Estate Investment Trust has a total shareholder equity of $133.0M and total debt of $478.2M, which brings its debt-to-equity ratio to 359.6%. Its total assets and total liabilities are $667.6M and $534.6M respectively. Wheeler Real Estate Investment Trust's EBIT is $28.1M making its interest coverage ratio 0.9. It has cash and short-term investments of $17.7M.
Key information
359.6%
Debt to equity ratio
US$478.21m
Debt
Interest coverage ratio | 0.9x |
Cash | US$17.73m |
Equity | US$132.99m |
Total liabilities | US$534.62m |
Total assets | US$667.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X4ZA's short term assets ($74.3M) exceed its short term liabilities ($28.4M).
Long Term Liabilities: X4ZA's short term assets ($74.3M) do not cover its long term liabilities ($506.2M).
Debt to Equity History and Analysis
Debt Level: X4ZA's net debt to equity ratio (346.2%) is considered high.
Reducing Debt: X4ZA's debt to equity ratio has increased from 285.7% to 359.6% 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 X4ZA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: X4ZA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.