AmFirst Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
AmFirst Real Estate Investment Trust has a total shareholder equity of MYR814.2M and total debt of MYR757.3M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are MYR1.6B and MYR789.3M respectively. AmFirst Real Estate Investment Trust's EBIT is MYR49.5M making its interest coverage ratio 1.5. It has cash and short-term investments of MYR1.5M.
Key information
93.0%
Debt to equity ratio
RM757.31m
Debt
Interest coverage ratio | 1.5x |
Cash | RM1.49m |
Equity | RM814.16m |
Total liabilities | RM789.27m |
Total assets | RM1.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMFIRST's short term assets (MYR11.9M) do not cover its short term liabilities (MYR135.8M).
Long Term Liabilities: AMFIRST's short term assets (MYR11.9M) do not cover its long term liabilities (MYR653.4M).
Debt to Equity History and Analysis
Debt Level: AMFIRST's net debt to equity ratio (92.8%) is considered high.
Reducing Debt: AMFIRST's debt to equity ratio has reduced from 93.8% to 93% over the past 5 years.
Debt Coverage: AMFIRST's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: AMFIRST's interest payments on its debt are not well covered by EBIT (1.5x coverage).