BHG Retail REIT Balance Sheet Health
Financial Health criteria checks 0/6
BHG Retail REIT has a total shareholder equity of SGD545.4M and total debt of SGD299.6M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are SGD926.9M and SGD381.5M respectively. BHG Retail REIT's EBIT is SGD33.6M making its interest coverage ratio 1.7. It has cash and short-term investments of SGD42.9M.
Key information
54.9%
Debt to equity ratio
S$299.59m
Debt
Interest coverage ratio | 1.7x |
Cash | S$42.90m |
Equity | S$545.41m |
Total liabilities | S$381.47m |
Total assets | S$926.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BMGU's short term assets (SGD47.5M) do not cover its short term liabilities (SGD330.5M).
Long Term Liabilities: BMGU's short term assets (SGD47.5M) do not cover its long term liabilities (SGD51.0M).
Debt to Equity History and Analysis
Debt Level: BMGU's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: BMGU's debt to equity ratio has increased from 38.4% to 54.9% over the past 5 years.
Debt Coverage: BMGU's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: BMGU's interest payments on its debt are not well covered by EBIT (1.7x coverage).