Warehouse REIT Balance Sheet Health
Financial Health criteria checks 1/6
Warehouse REIT has a total shareholder equity of £536.8M and total debt of £281.0M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are £861.1M and £324.2M respectively. Warehouse REIT's EBIT is £33.6M making its interest coverage ratio 1.9. It has cash and short-term investments of £9.7M.
Key information
52.3%
Debt to equity ratio
UK£281.02m
Debt
Interest coverage ratio | 1.9x |
Cash | UK£9.69m |
Equity | UK£536.85m |
Total liabilities | UK£324.20m |
Total assets | UK£861.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WHR's short term assets (£27.6M) do not cover its short term liabilities (£29.3M).
Long Term Liabilities: WHR's short term assets (£27.6M) do not cover its long term liabilities (£294.9M).
Debt to Equity History and Analysis
Debt Level: WHR's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: WHR's debt to equity ratio has reduced from 70% to 52.3% over the past 5 years.
Debt Coverage: WHR's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: WHR's interest payments on its debt are not well covered by EBIT (1.9x coverage).