MREIT Financial Health

Financial Health criteria checks 4/6

MREIT has a total shareholder equity of ₱54.8B and total debt of ₱7.2B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ₱64.0B and ₱9.3B respectively. MREIT's EBIT is ₱3.0B making its interest coverage ratio 10.7. It has cash and short-term investments of ₱1.4B.

Key information


Debt to equity ratio



Interest coverage ratio10.7x
Total liabilities₱9.25b
Total assets₱64.03b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MREIT's short term assets (₱2.1B) exceed its short term liabilities (₱974.4M).

Long Term Liabilities: MREIT's short term assets (₱2.1B) do not cover its long term liabilities (₱8.3B).

Debt to Equity History and Analysis

Debt Level: MREIT's net debt to equity ratio (10.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MREIT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MREIT's debt is well covered by operating cash flow (40.1%).

Interest Coverage: MREIT's interest payments on its debt are well covered by EBIT (10.7x coverage).

Balance Sheet

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