Strawberry Fields REIT Balance Sheet Health
Financial Health criteria checks 2/6
Strawberry Fields REIT has a total shareholder equity of $47.3M and total debt of $536.5M, which brings its debt-to-equity ratio to 1134.9%. Its total assets and total liabilities are $616.8M and $569.5M respectively. Strawberry Fields REIT's EBIT is $49.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $12.2M.
Key information
1,134.9%
Debt to equity ratio
US$536.49m
Debt
Interest coverage ratio | 1.9x |
Cash | US$12.17m |
Equity | US$47.27m |
Total liabilities | US$569.52m |
Total assets | US$616.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STRW's short term assets ($78.8M) exceed its short term liabilities ($35.9M).
Long Term Liabilities: STRW's short term assets ($78.8M) do not cover its long term liabilities ($533.7M).
Debt to Equity History and Analysis
Debt Level: STRW's net debt to equity ratio (1109.1%) is considered high.
Reducing Debt: STRW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: STRW's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: STRW's interest payments on its debt are not well covered by EBIT (1.9x coverage).