CapitaLand Ascendas REIT Balance Sheet Health
Financial Health criteria checks 1/6
CapitaLand Ascendas REIT has a total shareholder equity of SGD10.3B and total debt of SGD6.6B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are SGD18.3B and SGD8.0B respectively. CapitaLand Ascendas REIT's EBIT is SGD941.7M making its interest coverage ratio 3.7. It has cash and short-term investments of SGD166.7M.
Key information
63.8%
Debt to equity ratio
S$6.55b
Debt
| Interest coverage ratio | 3.7x |
| Cash | S$166.66m |
| Equity | S$10.27b |
| Total liabilities | S$8.02b |
| Total assets | S$18.29b |
Recent financial health updates
No updates
Recent updates
Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 62% Return?
Mar 11
Can Mixed Fundamentals Have A Negative Impact on Ascendas Real Estate Investment Trust (SGX:A17U) Current Share Price Momentum?
Feb 04
Could The Ascendas Real Estate Investment Trust (SGX:A17U) Ownership Structure Tell Us Something Useful?
Dec 28Did You Participate In Any Of Ascendas Real Estate Investment Trust's (SGX:A17U) Respectable 73% Return?
Nov 23Financial Position Analysis
Short Term Liabilities: A17U's short term assets (SGD300.2M) do not cover its short term liabilities (SGD1.6B).
Long Term Liabilities: A17U's short term assets (SGD300.2M) do not cover its long term liabilities (SGD6.4B).
Debt to Equity History and Analysis
Debt Level: A17U's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: A17U's debt to equity ratio has increased from 62% to 63.8% over the past 5 years.
Debt Coverage: A17U's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: A17U's interest payments on its debt are well covered by EBIT (3.7x coverage).