Custodian Property Income REIT Balance Sheet Health
Financial Health criteria checks 2/6
Custodian Property Income REIT has a total shareholder equity of £411.8M and total debt of £177.3M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are £605.1M and £193.3M respectively. Custodian Property Income REIT's EBIT is £33.7M making its interest coverage ratio 4.2. It has cash and short-term investments of £9.7M.
Key information
43.1%
Debt to equity ratio
UK£177.29m
Debt
| Interest coverage ratio | 4.2x |
| Cash | UK£9.71m |
| Equity | UK£411.82m |
| Total liabilities | UK£193.30m |
| Total assets | UK£605.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CREI's short term assets (£24.0M) exceed its short term liabilities (£15.4M).
Long Term Liabilities: CREI's short term assets (£24.0M) do not cover its long term liabilities (£177.9M).
Debt to Equity History and Analysis
Debt Level: CREI's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: CREI's debt to equity ratio has increased from 32.2% to 43.1% over the past 5 years.
Debt Coverage: CREI's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: CREI's interest payments on its debt are well covered by EBIT (4.2x coverage).