Regional REIT Balance Sheet Health
Financial Health criteria checks 0/6
Regional REIT has a total shareholder equity of £266.6M and total debt of £398.4M, which brings its debt-to-equity ratio to 149.4%. Its total assets and total liabilities are £729.7M and £463.1M respectively. Regional REIT's EBIT is £41.6M making its interest coverage ratio 2.6. It has cash and short-term investments of £25.7M.
Key information
149.4%
Debt to equity ratio
UK£398.41m
Debt
| Interest coverage ratio | 2.6x |
| Cash | UK£25.69m |
| Equity | UK£266.60m |
| Total liabilities | UK£463.10m |
| Total assets | UK£729.70m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RGL's short term assets (£69.6M) do not cover its short term liabilities (£103.2M).
Long Term Liabilities: RGL's short term assets (£69.6M) do not cover its long term liabilities (£359.9M).
Debt to Equity History and Analysis
Debt Level: RGL's net debt to equity ratio (139.8%) is considered high.
Reducing Debt: RGL's debt to equity ratio has increased from 79.4% to 149.4% over the past 5 years.
Debt Coverage: RGL's debt is not well covered by operating cash flow (4%).
Interest Coverage: RGL's interest payments on its debt are not well covered by EBIT (2.6x coverage).