PRS REIT Balance Sheet Health
Financial Health criteria checks 0/6
PRS REIT has a total shareholder equity of £679.0M and total debt of £406.1M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are £1.1B and £425.0M respectively. PRS REIT's EBIT is £35.3M making its interest coverage ratio 2. It has cash and short-term investments of £16.1M.
Key information
59.8%
Debt to equity ratio
UK£406.12m
Debt
Interest coverage ratio | 2x |
Cash | UK£16.06m |
Equity | UK£679.01m |
Total liabilities | UK£424.96m |
Total assets | UK£1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRSR's short term assets (£23.9M) do not cover its short term liabilities (£41.1M).
Long Term Liabilities: PRSR's short term assets (£23.9M) do not cover its long term liabilities (£383.9M).
Debt to Equity History and Analysis
Debt Level: PRSR's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: PRSR's debt to equity ratio has increased from 0% to 59.8% over the past 5 years.
Debt Coverage: PRSR's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: PRSR's interest payments on its debt are not well covered by EBIT (2x coverage).