Urban Logistics REIT plc

LSE:SHED Stock Report

Market Cap: UK£594.7m

Urban Logistics REIT Balance Sheet Health

Financial Health criteria checks 2/6

Urban Logistics REIT has a total shareholder equity of £758.6M and total debt of £349.0M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are £1.1B and £389.3M respectively. Urban Logistics REIT's EBIT is £48.4M making its interest coverage ratio 2.9. It has cash and short-term investments of £31.0M.

Key information

46.0%

Debt to equity ratio

UK£348.99m

Debt

Interest coverage ratio2.9x
CashUK£31.01m
EquityUK£758.65m
Total liabilitiesUK£389.30m
Total assetsUK£1.15b

Recent financial health updates

No updates

Recent updates

Are Insiders Buying Urban Logistics REIT plc (LON:SHED) Stock?

Mar 09
Are Insiders Buying Urban Logistics REIT plc (LON:SHED) Stock?

Could The Urban Logistics REIT plc (LON:SHED) Ownership Structure Tell Us Something Useful?

Feb 09
Could The Urban Logistics REIT plc (LON:SHED) Ownership Structure Tell Us Something Useful?

Shareholders Of Urban Logistics REIT (LON:SHED) Must Be Happy With Their 37% Return

Dec 16
Shareholders Of Urban Logistics REIT (LON:SHED) Must Be Happy With Their 37% Return

Financial Position Analysis

Short Term Liabilities: SHED's short term assets (£40.9M) exceed its short term liabilities (£24.5M).

Long Term Liabilities: SHED's short term assets (£40.9M) do not cover its long term liabilities (£364.8M).


Debt to Equity History and Analysis

Debt Level: SHED's net debt to equity ratio (41.9%) is considered high.

Reducing Debt: SHED's debt to equity ratio has reduced from 59.9% to 46% over the past 5 years.

Debt Coverage: SHED's debt is not well covered by operating cash flow (13.3%).

Interest Coverage: SHED's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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