NewRiver REIT Balance Sheet Health
Financial Health criteria checks 3/6
NewRiver REIT has a total shareholder equity of £410.4M and total debt of £297.1M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are £819.2M and £408.8M respectively. NewRiver REIT's EBIT is £31.8M making its interest coverage ratio 3.5. It has cash and short-term investments of £184.4M.
Key information
72.4%
Debt to equity ratio
UK£297.10m
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£184.40m |
| Equity | UK£410.40m |
| Total liabilities | UK£408.80m |
| Total assets | UK£819.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRRL's short term assets (£201.2M) exceed its short term liabilities (£36.7M).
Long Term Liabilities: NRRL's short term assets (£201.2M) do not cover its long term liabilities (£372.1M).
Debt to Equity History and Analysis
Debt Level: NRRL's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: NRRL's debt to equity ratio has increased from 66.5% to 72.4% over the past 5 years.
Debt Coverage: NRRL's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: NRRL's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:25 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NewRiver REIT plc is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eleanor Frew | Barclays |
| Sander Bunck | Barclays |
| Kieran Lee | Berenberg |