Frasers Hospitality Trust Balance Sheet Health
Financial Health criteria checks 1/6
Frasers Hospitality Trust has a total shareholder equity of SGD1.3B and total debt of SGD702.9M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are SGD2.1B and SGD794.5M respectively. Frasers Hospitality Trust's EBIT is SGD73.5M making its interest coverage ratio 3.8. It has cash and short-term investments of SGD88.1M.
Key information
55.0%
Debt to equity ratio
S$702.87m
Debt
Interest coverage ratio | 3.8x |
Cash | S$88.13m |
Equity | S$1.28b |
Total liabilities | S$794.53m |
Total assets | S$2.07b |
Financial Position Analysis
Short Term Liabilities: ACV's short term assets (SGD106.1M) do not cover its short term liabilities (SGD179.7M).
Long Term Liabilities: ACV's short term assets (SGD106.1M) do not cover its long term liabilities (SGD614.8M).
Debt to Equity History and Analysis
Debt Level: ACV's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: ACV's debt to equity ratio has increased from 53.8% to 55% over the past 5 years.
Debt Coverage: ACV's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: ACV's interest payments on its debt are well covered by EBIT (3.8x coverage).