Custodian Property Income REIT Balance Sheet Health
Financial Health criteria checks 1/6
Custodian Property Income REIT has a total shareholder equity of £422.8M and total debt of £183.7M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are £623.0M and £200.2M respectively. Custodian Property Income REIT's EBIT is £32.4M making its interest coverage ratio 4.8. It has cash and short-term investments of £6.7M.
Key information
43.4%
Debt to equity ratio
UK£183.69m
Debt
Interest coverage ratio | 4.8x |
Cash | UK£6.70m |
Equity | UK£422.78m |
Total liabilities | UK£200.17m |
Total assets | UK£622.95m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CREI's short term assets (£11.5M) do not cover its short term liabilities (£60.9M).
Long Term Liabilities: CREI's short term assets (£11.5M) do not cover its long term liabilities (£139.3M).
Debt to Equity History and Analysis
Debt Level: CREI's net debt to equity ratio (41.9%) is considered high.
Reducing Debt: CREI's debt to equity ratio has increased from 27.5% to 43.4% over the past 5 years.
Debt Coverage: CREI's debt is not well covered by operating cash flow (13%).
Interest Coverage: CREI's interest payments on its debt are well covered by EBIT (4.8x coverage).