Digital Core REIT Balance Sheet Health
Financial Health criteria checks 3/6
Digital Core REIT has a total shareholder equity of $1.0B and total debt of $470.1M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are $1.5B and $507.1M respectively. Digital Core REIT's EBIT is $33.5M making its interest coverage ratio 2.3. It has cash and short-term investments of $23.3M.
Key information
46.6%
Debt to equity ratio
US$470.08m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$23.32m |
| Equity | US$1.01b |
| Total liabilities | US$507.09m |
| Total assets | US$1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCRU's short term assets ($37.9M) exceed its short term liabilities ($25.9M).
Long Term Liabilities: DCRU's short term assets ($37.9M) do not cover its long term liabilities ($481.1M).
Debt to Equity History and Analysis
Debt Level: DCRU's net debt to equity ratio (44.2%) 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 0.2% per year.