Sunlight Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
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 36.7%. Its total assets and total liabilities are HK$19.1B and HK$5.5B respectively. Sunlight Real Estate Investment Trust's EBIT is HK$531.1M making its interest coverage ratio 3.2. It has cash and short-term investments of HK$431.1M.
Key information
36.7%
Debt to equity ratio
HK$4.97b
Debt
| Interest coverage ratio | 3.2x |
| Cash | HK$431.10m |
| Equity | HK$13.54b |
| Total liabilities | HK$5.54b |
| Total assets | HK$19.08b |
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$488.8M) exceed its short term liabilities (HK$337.1M).
Long Term Liabilities: 435's short term assets (HK$488.8M) do not cover its long term liabilities (HK$5.2B).
Debt to Equity History and Analysis
Debt Level: 435's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 435's debt to equity ratio has increased from 27.4% to 36.7% over the past 5 years.
Debt Coverage: 435's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 435's interest payments on its debt are well covered by EBIT (3.2x coverage).