AmanahRaya Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
AmanahRaya Real Estate Investment Trust has a total shareholder equity of MYR727.4M and total debt of MYR558.1M, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are MYR1.3B and MYR599.7M respectively. AmanahRaya Real Estate Investment Trust's EBIT is MYR36.4M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR45.0M.
Key information
76.7%
Debt to equity ratio
RM 558.11m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM 45.03m |
| Equity | RM 727.36m |
| Total liabilities | RM 599.68m |
| Total assets | RM 1.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARREIT's short term assets (MYR100.8M) exceed its short term liabilities (MYR56.7M).
Long Term Liabilities: ARREIT's short term assets (MYR100.8M) do not cover its long term liabilities (MYR543.0M).
Debt to Equity History and Analysis
Debt Level: ARREIT's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: ARREIT's debt to equity ratio has reduced from 83% to 76.7% over the past 5 years.
Debt Coverage: ARREIT's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: ARREIT's interest payments on its debt are not well covered by EBIT (1.2x coverage).