Digital Core REIT Balance Sheet Health
Financial Health criteria checks 3/6
Digital Core REIT has a total shareholder equity of $999.9M and total debt of $446.3M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $1.5B and $504.1M respectively. Digital Core REIT's EBIT is $34.1M making its interest coverage ratio 1.6. It has cash and short-term investments of $12.1M.
Key information
44.6%
Debt to equity ratio
US$446.32m
Debt
Interest coverage ratio | 1.6x |
Cash | US$12.10m |
Equity | US$999.89m |
Total liabilities | US$504.15m |
Total assets | US$1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCRU's short term assets ($199.1M) exceed its short term liabilities ($23.0M).
Long Term Liabilities: DCRU's short term assets ($199.1M) do not cover its long term liabilities ($481.1M).
Debt to Equity History and Analysis
Debt Level: DCRU's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: Insufficient data to determine if DCRU's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DCRU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DCRU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.1% per year.