Wheeler Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Wheeler Real Estate Investment Trust has a total shareholder equity of $141.9M and total debt of $477.6M, which brings its debt-to-equity ratio to 336.6%. Its total assets and total liabilities are $668.3M and $526.4M respectively. Wheeler Real Estate Investment Trust's EBIT is $27.2M making its interest coverage ratio 0.9. It has cash and short-term investments of $18.4M.
Key information
336.6%
Debt to equity ratio
US$477.57m
Debt
Interest coverage ratio | 0.9x |
Cash | US$18.40m |
Equity | US$141.90m |
Total liabilities | US$526.44m |
Total assets | US$668.33m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHLR.L's short term assets ($55.2M) exceed its short term liabilities ($28.8M).
Long Term Liabilities: WHLR.L's short term assets ($55.2M) do not cover its long term liabilities ($497.7M).
Debt to Equity History and Analysis
Debt Level: WHLR.L's net debt to equity ratio (323.6%) is considered high.
Reducing Debt: WHLR.L's debt to equity ratio has increased from 297.2% to 336.6% 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: Whilst unprofitable WHLR.L has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WHLR.L is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.6% per year.