IGB Commercial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
IGB Commercial Real Estate Investment Trust has a total shareholder equity of MYR2.3B and total debt of MYR850.1M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are MYR3.3B and MYR985.2M respectively. IGB Commercial Real Estate Investment Trust's EBIT is MYR117.1M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR99.9M.
Key information
37.1%
Debt to equity ratio
RM 850.13m
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM 99.93m |
| Equity | RM 2.29b |
| Total liabilities | RM 985.18m |
| Total assets | RM 3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGBCR's short term assets (MYR115.9M) do not cover its short term liabilities (MYR136.3M).
Long Term Liabilities: IGBCR's short term assets (MYR115.9M) do not cover its long term liabilities (MYR848.8M).
Debt to Equity History and Analysis
Debt Level: IGBCR's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IGBCR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IGBCR's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: IGBCR's interest payments on its debt are not well covered by EBIT (2.7x coverage).