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 MYR1.6B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are MYR4.6B and MYR1.8B respectively. Axis Real Estate Investment Trust's EBIT is MYR214.4M making its interest coverage ratio 3.5. It has cash and short-term investments of MYR7.3M.
Key information
57.0%
Debt to equity ratio
RM 1.61b
Debt
Interest coverage ratio | 3.5x |
Cash | RM 7.35m |
Equity | RM 2.83b |
Total liabilities | RM 1.77b |
Total assets | RM 4.59b |
Recent financial health updates
No updates
Recent updates
Do Insiders Own Lots Of Shares In Axis Real Estate Investment Trust (KLSE:AXREIT)?
Mar 18Shareholders Of Axis Real Estate Investment Trust (KLSE:AXREIT) Must Be Happy With Their 62% Return
Feb 11Does 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 (MYR81.7M) do not cover its short term liabilities (MYR1.0B).
Long Term Liabilities: AXREIT's short term assets (MYR81.7M) do not cover its long term liabilities (MYR749.5M).
Debt to Equity History and Analysis
Debt Level: AXREIT's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: AXREIT's debt to equity ratio has reduced from 66.2% to 57% over the past 5 years.
Debt Coverage: AXREIT's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: AXREIT's interest payments on its debt are well covered by EBIT (3.5x coverage).