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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/22 15:49 |
| End of Day Share Price | 2024/06/25 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daiwa House Logistics Trust is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Tan | DBS Bank Ltd |
| Dale Lai | DBS Bank Ltd |
| Atsuro Takemura | Morgan Stanley |