Supermarket Income REIT Balance Sheet Health
Financial Health criteria checks 2/6
Supermarket Income REIT has a total shareholder equity of £1.1B and total debt of £694.2M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are £1.9B and £741.9M respectively. Supermarket Income REIT's EBIT is £101.5M making its interest coverage ratio 6.5. It has cash and short-term investments of £59.3M.
Key information
62.0%
Debt to equity ratio
UK£694.17m
Debt
| Interest coverage ratio | 6.5x |
| Cash | UK£59.35m |
| Equity | UK£1.12b |
| Total liabilities | UK£741.95m |
| Total assets | UK£1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUPRL's short term assets (£66.4M) do not cover its short term liabilities (£143.2M).
Long Term Liabilities: SUPRL's short term assets (£66.4M) do not cover its long term liabilities (£598.7M).
Debt to Equity History and Analysis
Debt Level: SUPRL's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: SUPRL's debt to equity ratio has reduced from 62.8% to 62% over the past 5 years.
Debt Coverage: SUPRL's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: SUPRL's interest payments on its debt are well covered by EBIT (6.5x coverage).