MREIT Balance Sheet Health
Financial Health criteria checks 4/6
MREIT has a total shareholder equity of ₱52.3B and total debt of ₱7.2B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ₱61.6B and ₱9.3B respectively. MREIT's EBIT is ₱3.2B making its interest coverage ratio 13.2. It has cash and short-term investments of ₱1.2B.
Key information
13.8%
Debt to equity ratio
₱7.21b
Debt
| Interest coverage ratio | 13.2x |
| Cash | ₱1.20b |
| Equity | ₱52.26b |
| Total liabilities | ₱9.31b |
| Total assets | ₱61.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MREIT's short term assets (₱2.2B) exceed its short term liabilities (₱1.3B).
Long Term Liabilities: MREIT's short term assets (₱2.2B) do not cover its long term liabilities (₱8.0B).
Debt to Equity History and Analysis
Debt Level: MREIT's net debt to equity ratio (11.5%) 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 (32.5%).
Interest Coverage: MREIT's interest payments on its debt are well covered by EBIT (13.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MREIT, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Renz Alvarado | CLSA |
| Danielo Picache | Credit Suisse |
| null null | DBS Bank Ltd |