Keppel REIT Balance Sheet Health
Financial Health criteria checks 2/6
Keppel REIT has a total shareholder equity of SGD5.7B and total debt of SGD2.7B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are SGD8.6B and SGD2.9B respectively. Keppel REIT's EBIT is SGD243.0M making its interest coverage ratio 3.5. It has cash and short-term investments of SGD122.4M.
Key information
47.5%
Debt to equity ratio
S$2.71b
Debt
| Interest coverage ratio | 3.5x |
| Cash | S$122.36m |
| Equity | S$5.71b |
| Total liabilities | S$2.87b |
| Total assets | S$8.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: K71U's short term assets (SGD189.4M) do not cover its short term liabilities (SGD772.2M).
Long Term Liabilities: K71U's short term assets (SGD189.4M) do not cover its long term liabilities (SGD2.1B).
Debt to Equity History and Analysis
Debt Level: K71U's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: K71U's debt to equity ratio has reduced from 47.6% to 47.5% over the past 5 years.
Debt Coverage: K71U's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: K71U's interest payments on its debt are well covered by EBIT (3.5x coverage).