Daiwa House Logistics Trust Balance Sheet Health
Financial Health criteria checks 1/6
Daiwa House Logistics Trust has a total shareholder equity of SGD497.4M and total debt of SGD304.7M, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are SGD1.0B and SGD520.0M respectively. Daiwa House Logistics Trust's EBIT is SGD37.8M making its interest coverage ratio 6.3. It has cash and short-term investments of SGD37.4M.
Key information
61.2%
Debt to equity ratio
S$304.66m
Debt
| Interest coverage ratio | 6.3x |
| Cash | S$37.42m |
| Equity | S$497.43m |
| Total liabilities | S$519.96m |
| Total assets | S$1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHAW.F's short term assets (SGD87.3M) do not cover its short term liabilities (SGD103.4M).
Long Term Liabilities: DHAW.F's short term assets (SGD87.3M) do not cover its long term liabilities (SGD416.6M).
Debt to Equity History and Analysis
Debt Level: DHAW.F's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: Insufficient data to determine if DHAW.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DHAW.F's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: DHAW.F's interest payments on its debt are well covered by EBIT (6.3x coverage).