Citicore Energy REIT Corp.

PSE:CREIT Stock Report

Mkt Cap: ₱16.8b

Citicore Energy REIT Financial Health

Financial Health criteria checks 4/6

Citicore Energy REIT has a total shareholder equity of ₱4.3B and total debt of ₱4.5B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ₱9.6B and ₱5.3B respectively. Citicore Energy REIT's EBIT is ₱1.3B making its interest coverage ratio 23.9. It has cash and short-term investments of ₱2.6B.

Key information

104.0%

Debt to equity ratio

₱4.50b

Debt

Interest coverage ratio23.9x
Cash₱2.59b
Equity₱4.33b
Total liabilities₱5.30b
Total assets₱9.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CREIT's short term assets (₱2.6B) exceed its short term liabilities (₱489.1M).

Long Term Liabilities: CREIT's short term assets (₱2.6B) do not cover its long term liabilities (₱4.8B).


Debt to Equity History and Analysis

Debt Level: CREIT's net debt to equity ratio (44.2%) is considered high.

Reducing Debt: CREIT's debt to equity ratio has reduced from 409.3% to 104% over the past 5 years.

Debt Coverage: CREIT's debt is well covered by operating cash flow (27.4%).

Interest Coverage: CREIT's interest payments on its debt are well covered by EBIT (23.9x coverage).


Balance Sheet


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