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 ratio13x
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).


Balance Sheet


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