Tritax Big Box REIT Financial Health
How is Tritax Big Box REIT's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BBOX's short term assets (£63.7M) do not cover its short term liabilities (£131.7M).
Long Term Liabilities: BBOX's short term assets (£63.7M) do not cover its long term liabilities (£1.5B).
Debt to Equity History and Analysis
Debt Level: BBOX's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: BBOX's debt to equity ratio has reduced from 37.3% to 32.5% over the past 5 years.
Debt Coverage: BBOX's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: BBOX's interest payments on its debt are well covered by EBIT (4.8x coverage).