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 MYR578.0M and total debt of MYR105.5M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are MYR709.7M and MYR131.6M respectively. AME Real Estate Investment Trust's EBIT is MYR40.9M making its interest coverage ratio 7.8. It has cash and short-term investments of MYR12.0M.
Key information
18.3%
Debt to equity ratio
RM 105.53m
Debt
| Interest coverage ratio | 7.8x |
| Cash | RM 12.01m |
| Equity | RM 578.05m |
| Total liabilities | RM 131.63m |
| Total assets | RM 709.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMEREIT's short term assets (MYR23.6M) do not cover its short term liabilities (MYR108.9M).
Long Term Liabilities: AMEREIT's short term assets (MYR23.6M) exceed its long term liabilities (MYR22.8M).
Debt to Equity History and Analysis
Debt Level: AMEREIT's net debt to equity ratio (16.2%) 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 (36.8%).
Interest Coverage: AMEREIT's interest payments on its debt are well covered by EBIT (7.8x coverage).