Atrium Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Atrium Real Estate Investment Trust has a total shareholder equity of MYR356.8M and total debt of MYR251.8M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are MYR643.9M and MYR287.1M respectively. Atrium Real Estate Investment Trust's EBIT is MYR32.4M making its interest coverage ratio 2.8. It has cash and short-term investments of MYR37.4M.
Key information
70.6%
Debt to equity ratio
RM251.83m
Debt
Interest coverage ratio | 2.8x |
Cash | RM37.39m |
Equity | RM356.84m |
Total liabilities | RM287.09m |
Total assets | RM643.93m |
Financial Position Analysis
Short Term Liabilities: ATRIUM's short term assets (MYR48.2M) do not cover its short term liabilities (MYR70.2M).
Long Term Liabilities: ATRIUM's short term assets (MYR48.2M) do not cover its long term liabilities (MYR216.9M).
Debt to Equity History and Analysis
Debt Level: ATRIUM's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: ATRIUM's debt to equity ratio has increased from 52.4% to 70.6% over the past 5 years.
Debt Coverage: ATRIUM's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: ATRIUM's interest payments on its debt are not well covered by EBIT (2.8x coverage).