Home Reit Balance Sheet Health
Financial Health criteria checks 3/6
Home Reit has a total shareholder equity of £624.3M and total debt of £245.9M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are £873.8M and £249.4M respectively. Home Reit's EBIT is £21.1M making its interest coverage ratio 7. It has cash and short-term investments of £15.8M.
Key information
39.4%
Debt to equity ratio
UK£245.94m
Debt
| Interest coverage ratio | 7x |
| Cash | UK£15.85m |
| Equity | UK£624.33m |
| Total liabilities | UK£249.43m |
| Total assets | UK£873.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOME's short term assets (£160.4M) exceed its short term liabilities (£3.5M).
Long Term Liabilities: HOME's short term assets (£160.4M) do not cover its long term liabilities (£245.9M).
Debt to Equity History and Analysis
Debt Level: HOME's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HOME's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HOME's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: HOME's interest payments on its debt are well covered by EBIT (7x coverage).