Prime US REIT Balance Sheet Health
Financial Health criteria checks 0/6
Prime US REIT has a total shareholder equity of $713.7M and total debt of $696.5M, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are $1.4B and $730.5M respectively. Prime US REIT's EBIT is $85.0M making its interest coverage ratio 2.2. It has cash and short-term investments of $14.5M.
Key information
97.6%
Debt to equity ratio
US$696.55m
Debt
Interest coverage ratio | 2.2x |
Cash | US$14.46m |
Equity | US$713.66m |
Total liabilities | US$730.46m |
Total assets | US$1.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OXMU's short term assets ($20.4M) do not cover its short term liabilities ($508.1M).
Long Term Liabilities: OXMU's short term assets ($20.4M) do not cover its long term liabilities ($222.4M).
Debt to Equity History and Analysis
Debt Level: OXMU's net debt to equity ratio (95.6%) is considered high.
Reducing Debt: OXMU's debt to equity ratio has increased from 57.7% to 97.6% over the past 5 years.
Debt Coverage: OXMU's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: OXMU's interest payments on its debt are not well covered by EBIT (2.2x coverage).