Axis Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Axis Real Estate Investment Trust has a total shareholder equity of MYR2.8B and total debt of MYR1.9B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are MYR4.9B and MYR2.0B respectively. Axis Real Estate Investment Trust's EBIT is MYR219.3M making its interest coverage ratio 3.2. It has cash and short-term investments of MYR12.8M.
Key information
66.4%
Debt to equity ratio
RM 1.88b
Debt
| Interest coverage ratio | 3.2x |
| Cash | RM 12.79m |
| Equity | RM 2.82b |
| Total liabilities | RM 2.05b |
| Total assets | RM 4.87b |
Recent financial health updates
No updates
Recent updates
Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?
Mar 18
Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return
Feb 11
Does Axis Real Estate Investment Trust (KLSE:AXREIT) Deserve A Spot On Your Watchlist?
Jan 07Are Axis Real Estate Investment Trust's (KLSE:AXREIT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 12Financial Position Analysis
Short Term Liabilities: AXREIT's short term assets (MYR283.1M) do not cover its short term liabilities (MYR1.2B).
Long Term Liabilities: AXREIT's short term assets (MYR283.1M) do not cover its long term liabilities (MYR877.8M).
Debt to Equity History and Analysis
Debt Level: AXREIT's net debt to equity ratio (66%) is considered high.
Reducing Debt: AXREIT's debt to equity ratio has reduced from 71.6% to 66.4% over the past 5 years.
Debt Coverage: AXREIT's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: AXREIT's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:15 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Axis Real Estate Investment Trust is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Afifah Ishak | Affin Hwang Investment Bank |
| Ian Wan | Alliance Research Sdn. Bhd. |
| null Research Department | AmInvestment Bank Berhad |