Sunlight Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Sunlight Real Estate Investment Trust has a total shareholder equity of HK$13.5B and total debt of HK$5.0B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are HK$19.1B and HK$5.6B respectively. Sunlight Real Estate Investment Trust's EBIT is HK$539.5M making its interest coverage ratio 2.8. It has cash and short-term investments of HK$464.6M.
Key information
36.8%
Debt to equity ratio
HK$4.96b
Debt
| Interest coverage ratio | 2.8x |
| Cash | HK$464.58m |
| Equity | HK$13.50b |
| Total liabilities | HK$5.56b |
| Total assets | HK$19.06b |
Recent financial health updates
No updates
Recent updates
Reflecting on Sunlight Real Estate Investment Trust's (HKG:435) Share Price Returns Over The Last Three Years
Mar 04
How Many Sunlight Real Estate Investment Trust (HKG:435) Shares Do Institutions Own?
Jan 28
Have Insiders Been Buying Sunlight Real Estate Investment Trust (HKG:435) Shares?
Dec 24What Type Of Returns Would Sunlight Real Estate Investment Trust's(HKG:435) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Nov 19Financial Position Analysis
Short Term Liabilities: 435's short term assets (HK$524.2M) do not cover its short term liabilities (HK$857.7M).
Long Term Liabilities: 435's short term assets (HK$524.2M) do not cover its long term liabilities (HK$4.7B).
Debt to Equity History and Analysis
Debt Level: 435's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: 435's debt to equity ratio has increased from 26.7% to 36.8% over the past 5 years.
Debt Coverage: 435's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 435's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:21 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sunlight Real Estate Investment Trust is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonas Kan | Daiwa Securities Co. Ltd. |
| Sumwai Wong | DBS Bank Ltd |
| Jeff Yau | DBS Vickers Research |