Supermarket Income REIT Balance Sheet Health
Financial Health criteria checks 2/6
Supermarket Income REIT has a total shareholder equity of £1.1B and total debt of £583.9M, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are £1.8B and £627.3M respectively. Supermarket Income REIT's EBIT is £100.9M making its interest coverage ratio 3.3. It has cash and short-term investments of £50.8M.
Key information
51.9%
Debt to equity ratio
UK£583.89m
Debt
Interest coverage ratio | 3.3x |
Cash | UK£50.76m |
Equity | UK£1.12b |
Total liabilities | UK£627.28m |
Total assets | UK£1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUPR's short term assets (£59.7M) do not cover its short term liabilities (£139.7M).
Long Term Liabilities: SUPR's short term assets (£59.7M) do not cover its long term liabilities (£487.5M).
Debt to Equity History and Analysis
Debt Level: SUPR's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: SUPR's debt to equity ratio has reduced from 81.4% to 51.9% over the past 5 years.
Debt Coverage: SUPR's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: SUPR's interest payments on its debt are well covered by EBIT (3.3x coverage).