Dusit Thani Freehold and Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Dusit Thani Freehold and Leasehold Real Estate Investment Trust has a total shareholder equity of THB5.6B and total debt of THB1.7B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are THB7.7B and THB2.1B respectively. Dusit Thani Freehold and Leasehold Real Estate Investment Trust's EBIT is THB463.3M making its interest coverage ratio 6.2. It has cash and short-term investments of THB129.6M.
Key information
30.9%
Debt to equity ratio
฿1.74b
Debt
| Interest coverage ratio | 6.2x |
| Cash | ฿129.56m |
| Equity | ฿5.63b |
| Total liabilities | ฿2.09b |
| Total assets | ฿7.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DREIT-F's short term assets (THB170.3M) exceed its short term liabilities (THB34.3M).
Long Term Liabilities: DREIT-F's short term assets (THB170.3M) do not cover its long term liabilities (THB2.1B).
Debt to Equity History and Analysis
Debt Level: DREIT-F's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: DREIT-F's debt to equity ratio has increased from 3.6% to 30.9% over the past 5 years.
Debt Coverage: DREIT-F's debt is well covered by operating cash flow (22.4%).
Interest Coverage: DREIT-F's interest payments on its debt are well covered by EBIT (6.2x coverage).