NewRiver REIT Balance Sheet Health
Financial Health criteria checks 3/6
NewRiver REIT has a total shareholder equity of £367.7M and total debt of £297.2M, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are £773.3M and £405.6M respectively. NewRiver REIT's EBIT is £26.4M making its interest coverage ratio 2. It has cash and short-term investments of £137.3M.
Key information
80.8%
Debt to equity ratio
UK£297.20m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£137.30m |
| Equity | UK£367.70m |
| Total liabilities | UK £405.60m |
| Total assets | UK£773.30m |
Recent financial health updates
No updates
Recent updates
Need To Know: Analysts Are Much More Bullish On NewRiver REIT plc (LON:NRR) Revenues
Jun 19
NewRiver REIT plc's (LON:NRR) CEO Might Not Expect Shareholders To Be So Generous This Year
Jul 21Rainbows and Unicorns: NewRiver REIT plc (LON:NRR) Analysts Just Became A Lot More Optimistic
Jul 20Founder Allan Lockhart Just Bought 183% More Shares In NewRiver REIT plc (LON:NRR)
Mar 17Reflecting on NewRiver REIT's (LON:NRR) Share Price Returns Over The Last Five Years
Dec 30Financial Position Analysis
Short Term Liabilities: NRR's short term assets (£147.6M) exceed its short term liabilities (£32.3M).
Long Term Liabilities: NRR's short term assets (£147.6M) do not cover its long term liabilities (£373.3M).
Debt to Equity History and Analysis
Debt Level: NRR's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: NRR's debt to equity ratio has increased from 59.4% to 80.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NRR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NRR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.3% per year.