Spring Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Spring Real Estate Investment Trust has a total shareholder equity of CN¥7.1B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are CN¥12.8B and CN¥5.7B respectively. Spring Real Estate Investment Trust's EBIT is CN¥455.0M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥316.1M.
Key information
71.8%
Debt to equity ratio
CN¥5.10b
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥316.08m |
Equity | CN¥7.10b |
Total liabilities | CN¥5.68b |
Total assets | CN¥12.79b |
Recent financial health updates
No updates
Recent updates
Would Shareholders Who Purchased Spring Real Estate Investment Trust's (HKG:1426) Stock Three Years Be Happy With The Share price Today?
Mar 05Spring Real Estate Investment Trust (HKG:1426) Insiders Increased Their Holdings
Jan 29What Kind Of Shareholders Hold The Majority In Spring Real Estate Investment Trust's (HKG:1426) Shares?
Dec 25Financial Position Analysis
Short Term Liabilities: 1426's short term assets (CN¥730.7M) exceed its short term liabilities (CN¥436.3M).
Long Term Liabilities: 1426's short term assets (CN¥730.7M) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 1426's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 1426's debt to equity ratio has increased from 57.4% to 71.8% over the past 5 years.
Debt Coverage: 1426's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 1426's interest payments on its debt are not well covered by EBIT (1.5x coverage).