AME Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
AME Real Estate Investment Trust has a total shareholder equity of MYR562.3M and total debt of MYR105.4M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are MYR692.1M and MYR129.8M respectively. AME Real Estate Investment Trust's EBIT is MYR42.2M making its interest coverage ratio 12. It has cash and short-term investments of MYR20.3M.
Key information
18.7%
Debt to equity ratio
RM105.36m
Debt
| Interest coverage ratio | 12x |
| Cash | RM20.32m |
| Equity | RM562.29m |
| Total liabilities | RM129.85m |
| Total assets | RM692.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMEREIT's short term assets (MYR22.9M) do not cover its short term liabilities (MYR109.3M).
Long Term Liabilities: AMEREIT's short term assets (MYR22.9M) exceed its long term liabilities (MYR20.6M).
Debt to Equity History and Analysis
Debt Level: AMEREIT's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AMEREIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AMEREIT's debt is well covered by operating cash flow (54.1%).
Interest Coverage: AMEREIT's interest payments on its debt are well covered by EBIT (12x coverage).