MREIT Balance Sheet Health
Financial Health criteria checks 4/6
MREIT has a total shareholder equity of ₱52.2B and total debt of ₱7.2B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ₱61.8B and ₱9.6B respectively. MREIT's EBIT is ₱3.1B making its interest coverage ratio 13.7. It has cash and short-term investments of ₱1.7B.
Key information
13.8%
Debt to equity ratio
₱7.21b
Debt
| Interest coverage ratio | 13.7x |
| Cash | ₱1.69b |
| Equity | ₱52.23b |
| Total liabilities | ₱9.58b |
| Total assets | ₱61.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MREIT's short term assets (₱2.5B) exceed its short term liabilities (₱1.5B).
Long Term Liabilities: MREIT's short term assets (₱2.5B) do not cover its long term liabilities (₱8.0B).
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 (40.9%).
Interest Coverage: MREIT's interest payments on its debt are well covered by EBIT (13.7x coverage).