Schroder Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Schroder Real Estate Investment Trust has a total shareholder equity of £296.0M and total debt of £174.7M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are £483.3M and £187.4M respectively. Schroder Real Estate Investment Trust's EBIT is £22.8M making its interest coverage ratio 3.9. It has cash and short-term investments of £4.9M.
Key information
59.0%
Debt to equity ratio
UK£174.74m
Debt
Interest coverage ratio | 3.9x |
Cash | UK£4.90m |
Equity | UK£295.99m |
Total liabilities | UK£187.36m |
Total assets | UK£483.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SREI's short term assets (£23.4M) exceed its short term liabilities (£11.3M).
Long Term Liabilities: SREI's short term assets (£23.4M) do not cover its long term liabilities (£176.0M).
Debt to Equity History and Analysis
Debt Level: SREI's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: SREI's debt to equity ratio has increased from 44.2% to 59% over the past 5 years.
Debt Coverage: SREI's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: SREI's interest payments on its debt are well covered by EBIT (3.9x coverage).