Starhill Global Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Starhill Global Real Estate Investment Trust has a total shareholder equity of SGD1.7B and total debt of SGD1.0B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are SGD2.8B and SGD1.1B respectively. Starhill Global Real Estate Investment Trust's EBIT is SGD129.8M making its interest coverage ratio 3.3. It has cash and short-term investments of SGD62.7M.
Key information
60.4%
Debt to equity ratio
S$1.05b
Debt
| Interest coverage ratio | 3.3x |
| Cash | S$62.72m |
| Equity | S$1.73b |
| Total liabilities | S$1.12b |
| Total assets | S$2.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: P40U's short term assets (SGD66.6M) do not cover its short term liabilities (SGD129.7M).
Long Term Liabilities: P40U's short term assets (SGD66.6M) do not cover its long term liabilities (SGD988.9M).
Debt to Equity History and Analysis
Debt Level: P40U's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: P40U's debt to equity ratio has increased from 57.4% to 60.4% over the past 5 years.
Debt Coverage: P40U's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: P40U's interest payments on its debt are well covered by EBIT (3.3x coverage).