IGB Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
IGB Real Estate Investment Trust has a total shareholder equity of MYR4.0B and total debt of MYR1.2B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are MYR5.5B and MYR1.5B respectively. IGB Real Estate Investment Trust's EBIT is MYR412.7M making its interest coverage ratio 8.7. It has cash and short-term investments of MYR256.6M.
Key information
29.8%
Debt to equity ratio
RM1.20b
Debt
| Interest coverage ratio | 8.7x |
| Cash | RM256.65m |
| Equity | RM4.04b |
| Total liabilities | RM1.46b |
| Total assets | RM5.50b |
Recent financial health updates
No updates
Recent updates
How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?
Mar 03
Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year
Jan 27
Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?
Dec 30Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?
Nov 25Financial Position Analysis
Short Term Liabilities: IGBREIT's short term assets (MYR308.5M) exceed its short term liabilities (MYR261.1M).
Long Term Liabilities: IGBREIT's short term assets (MYR308.5M) do not cover its long term liabilities (MYR1.2B).
Debt to Equity History and Analysis
Debt Level: IGBREIT's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: IGBREIT's debt to equity ratio has reduced from 31.8% to 29.8% over the past 5 years.
Debt Coverage: IGBREIT's debt is well covered by operating cash flow (36.8%).
Interest Coverage: IGBREIT's interest payments on its debt are well covered by EBIT (8.7x coverage).