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 MYR726.0M and total debt of MYR558.4M, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are MYR1.4B and MYR673.0M respectively. AmanahRaya Real Estate Investment Trust's EBIT is MYR39.4M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR16.9M.
Key information
76.9%
Debt to equity ratio
RM558.43m
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM16.94m |
| Equity | RM725.97m |
| Total liabilities | RM672.98m |
| Total assets | RM1.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARREIT's short term assets (MYR156.7M) exceed its short term liabilities (MYR120.9M).
Long Term Liabilities: ARREIT's short term assets (MYR156.7M) do not cover its long term liabilities (MYR552.1M).
Debt to Equity History and Analysis
Debt Level: ARREIT's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: ARREIT's debt to equity ratio has reduced from 86.5% to 76.9% over the past 5 years.
Debt Coverage: ARREIT's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: ARREIT's interest payments on its debt are not well covered by EBIT (1.2x coverage).