Keppel REIT Balance Sheet Health
Financial Health criteria checks 3/6
Keppel REIT has a total shareholder equity of SGD5.8B and total debt of SGD2.3B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are SGD8.3B and SGD2.5B respectively. Keppel REIT's EBIT is SGD234.7M making its interest coverage ratio 3.9. It has cash and short-term investments of SGD141.6M.
Key information
40.7%
Debt to equity ratio
S$2.34b
Debt
| Interest coverage ratio | 3.9x |
| Cash | S$141.58m |
| Equity | S$5.75b |
| Total liabilities | S$2.51b |
| Total assets | S$8.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: K71U's short term assets (SGD169.1M) do not cover its short term liabilities (SGD337.9M).
Long Term Liabilities: K71U's short term assets (SGD169.1M) do not cover its long term liabilities (SGD2.2B).
Debt to Equity History and Analysis
Debt Level: K71U's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: K71U's debt to equity ratio has reduced from 43.1% to 40.7% over the past 5 years.
Debt Coverage: K71U's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: K71U's interest payments on its debt are well covered by EBIT (3.9x coverage).