MREIT Balance Sheet Health
Financial Health criteria checks 4/6
MREIT has a total shareholder equity of ₱52.1B and total debt of ₱7.2B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ₱61.5B and ₱9.3B respectively. MREIT's EBIT is ₱3.2B making its interest coverage ratio 13. It has cash and short-term investments of ₱1.7B.
Key information
13.8%
Debt to equity ratio
₱7.21b
Debt
Interest coverage ratio | 13x |
Cash | ₱1.68b |
Equity | ₱52.14b |
Total liabilities | ₱9.31b |
Total assets | ₱61.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MREIT's short term assets (₱2.3B) exceed its short term liabilities (₱1.2B).
Long Term Liabilities: MREIT's short term assets (₱2.3B) do not cover its long term liabilities (₱8.1B).
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 (45.1%).
Interest Coverage: MREIT's interest payments on its debt are well covered by EBIT (13x coverage).