Sabana Industrial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Sabana Industrial Real Estate Investment Trust has a total shareholder equity of SGD576.5M and total debt of SGD315.4M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are SGD1.0B and SGD429.6M respectively. Sabana Industrial Real Estate Investment Trust's EBIT is SGD49.0M making its interest coverage ratio 3. It has cash and short-term investments of SGD17.5M.
Key information
54.7%
Debt to equity ratio
S$315.37m
Debt
Interest coverage ratio | 3x |
Cash | S$17.51m |
Equity | S$576.54m |
Total liabilities | S$429.55m |
Total assets | S$1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M1GU's short term assets (SGD24.9M) do not cover its short term liabilities (SGD130.1M).
Long Term Liabilities: M1GU's short term assets (SGD24.9M) do not cover its long term liabilities (SGD299.4M).
Debt to Equity History and Analysis
Debt Level: M1GU's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: M1GU's debt to equity ratio has reduced from 59.9% to 54.7% over the past 5 years.
Debt Coverage: M1GU's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: M1GU's interest payments on its debt are not well covered by EBIT (3x coverage).