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 $93.5M and total debt of $482.9M, which brings its debt-to-equity ratio to 516.2%. Its total assets and total liabilities are $673.2M and $579.7M respectively. Wheeler Real Estate Investment Trust's EBIT is $31.3M making its interest coverage ratio 1. It has cash and short-term investments of $37.1M.
Key information
516.2%
Debt to equity ratio
US$482.89m
Debt
| Interest coverage ratio | 1x |
| Cash | US$37.07m |
| Equity | US$93.54m |
| Total liabilities | US$579.66m |
| Total assets | US$673.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WHLR.P's short term assets ($97.0M) exceed its short term liabilities ($74.3M).
Long Term Liabilities: WHLR.P's short term assets ($97.0M) do not cover its long term liabilities ($505.3M).
Debt to Equity History and Analysis
Debt Level: WHLR.P's net debt to equity ratio (476.6%) is considered high.
Reducing Debt: WHLR.P's debt to equity ratio has increased from 301% to 516.2% 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.P has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WHLR.P is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.2% per year.