MFC Industrial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
MFC Industrial Real Estate Investment Trust has a total shareholder equity of THB48.0M and total debt of THB422.6M, which brings its debt-to-equity ratio to 879.8%. Its total assets and total liabilities are THB496.9M and THB448.9M respectively. MFC Industrial Real Estate Investment Trust's EBIT is THB1.4M making its interest coverage ratio 0. It has cash and short-term investments of THB53.0M.
Key information
879.8%
Debt to equity ratio
฿422.62m
Debt
Interest coverage ratio | 0.04x |
Cash | ฿53.04m |
Equity | ฿48.04m |
Total liabilities | ฿448.87m |
Total assets | ฿496.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIT's short term assets (THB72.8M) do not cover its short term liabilities (THB448.9M).
Long Term Liabilities: MIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIT's net debt to equity ratio (769.4%) is considered high.
Reducing Debt: MIT's debt to equity ratio has increased from 46.9% to 879.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MIT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MIT has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 18.6% each year.