UK Commercial Property REIT Balance Sheet Health
Financial Health criteria checks 4/6
UK Commercial Property REIT has a total shareholder equity of £1.0B and total debt of £236.3M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are £1.3B and £264.6M respectively. UK Commercial Property REIT's EBIT is £45.7M making its interest coverage ratio 5. It has cash and short-term investments of £22.1M.
Key information
23.1%
Debt to equity ratio
UK£236.33m
Debt
| Interest coverage ratio | 5x |
| Cash | UK£22.12m |
| Equity | UK£1.02b |
| Total liabilities | UK£264.59m |
| Total assets | UK£1.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: UKCM's short term assets (£108.3M) exceed its short term liabilities (£28.3M).
Long Term Liabilities: UKCM's short term assets (£108.3M) do not cover its long term liabilities (£236.3M).
Debt to Equity History and Analysis
Debt Level: UKCM's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: UKCM's debt to equity ratio has increased from 20.8% to 23.1% over the past 5 years.
Debt Coverage: UKCM's debt is well covered by operating cash flow (24.2%).
Interest Coverage: UKCM's interest payments on its debt are well covered by EBIT (5x coverage).