Daiwa House Logistics Trust Balance Sheet Health
Financial Health criteria checks 1/6
Daiwa House Logistics Trust has a total shareholder equity of SGD553.5M and total debt of SGD314.2M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are SGD1.1B and SGD548.3M respectively. Daiwa House Logistics Trust's EBIT is SGD39.5M making its interest coverage ratio 6.3. It has cash and short-term investments of SGD45.8M.
Key information
56.8%
Debt to equity ratio
S$314.22m
Debt
| Interest coverage ratio | 6.3x |
| Cash | S$45.80m |
| Equity | S$553.48m |
| Total liabilities | S$548.26m |
| Total assets | S$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHLU's short term assets (SGD95.5M) do not cover its short term liabilities (SGD109.6M).
Long Term Liabilities: DHLU's short term assets (SGD95.5M) do not cover its long term liabilities (SGD438.7M).
Debt to Equity History and Analysis
Debt Level: DHLU's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: Insufficient data to determine if DHLU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DHLU's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: DHLU's interest payments on its debt are well covered by EBIT (6.3x coverage).