Warehouse REIT Balance Sheet Health
Financial Health criteria checks 2/6
Warehouse REIT has a total shareholder equity of £547.1M and total debt of £279.7M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are £859.0M and £311.9M respectively. Warehouse REIT's EBIT is £36.4M making its interest coverage ratio 2.2. It has cash and short-term investments of £7.8M.
Key information
51.1%
Debt to equity ratio
UK£279.75m
Debt
| Interest coverage ratio | 2.2x |
| Cash | UK£7.78m |
| Equity | UK£547.10m |
| Total liabilities | UK£311.95m |
| Total assets | UK£859.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WHR's short term assets (£87.0M) exceed its short term liabilities (£18.8M).
Long Term Liabilities: WHR's short term assets (£87.0M) do not cover its long term liabilities (£293.2M).
Debt to Equity History and Analysis
Debt Level: WHR's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: WHR's debt to equity ratio has reduced from 72.3% to 51.1% over the past 5 years.
Debt Coverage: WHR's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: WHR's interest payments on its debt are not well covered by EBIT (2.2x coverage).