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).