Dream Residential Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Dream Residential Real Estate Investment Trust has a total shareholder equity of $237.9M and total debt of $138.5M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are $407.8M and $169.9M respectively. Dream Residential Real Estate Investment Trust's EBIT is $21.4M making its interest coverage ratio 2.3. It has cash and short-term investments of $7.7M.
Key information
58.2%
Debt to equity ratio
US$138.50m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$7.70m |
| Equity | US$237.93m |
| Total liabilities | US$169.86m |
| Total assets | US$407.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRRE.F's short term assets ($10.8M) do not cover its short term liabilities ($31.1M).
Long Term Liabilities: DRRE.F's short term assets ($10.8M) do not cover its long term liabilities ($138.8M).
Debt to Equity History and Analysis
Debt Level: DRRE.F's net debt to equity ratio (55%) is considered high.
Reducing Debt: Insufficient data to determine if DRRE.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DRRE.F's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: DRRE.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).