Regional REIT Balance Sheet Health
Financial Health criteria checks 0/6
Regional REIT has a total shareholder equity of £306.1M and total debt of £415.5M, which brings its debt-to-equity ratio to 135.7%. Its total assets and total liabilities are £782.4M and £476.3M respectively. Regional REIT's EBIT is £43.1M making its interest coverage ratio 2.7. It has cash and short-term investments of £34.5M.
Key information
135.7%
Debt to equity ratio
UK£415.51m
Debt
Interest coverage ratio | 2.7x |
Cash | UK£34.51m |
Equity | UK£306.09m |
Total liabilities | UK£476.33m |
Total assets | UK£782.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RGL's short term assets (£67.3M) do not cover its short term liabilities (£99.3M).
Long Term Liabilities: RGL's short term assets (£67.3M) do not cover its long term liabilities (£377.1M).
Debt to Equity History and Analysis
Debt Level: RGL's net debt to equity ratio (124.5%) is considered high.
Reducing Debt: RGL's debt to equity ratio has increased from 87.3% to 135.7% over the past 5 years.
Debt Coverage: RGL's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: RGL's interest payments on its debt are not well covered by EBIT (2.7x coverage).