PRS REIT Balance Sheet Health
Financial Health criteria checks 0/6
PRS REIT has a total shareholder equity of £731.4M and total debt of £415.3M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are £1.2B and £433.3M respectively. PRS REIT's EBIT is £38.3M making its interest coverage ratio 2.1. It has cash and short-term investments of £18.1M.
Key information
56.8%
Debt to equity ratio
UK£415.26m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£18.05m |
| Equity | UK£731.43m |
| Total liabilities | UK£433.27m |
| Total assets | UK£1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRSR's short term assets (£24.9M) do not cover its short term liabilities (£47.2M).
Long Term Liabilities: PRSR's short term assets (£24.9M) do not cover its long term liabilities (£386.1M).
Debt to Equity History and Analysis
Debt Level: PRSR's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: PRSR's debt to equity ratio has increased from 21.1% to 56.8% over the past 5 years.
Debt Coverage: PRSR's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: PRSR's interest payments on its debt are not well covered by EBIT (2.1x coverage).