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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:35 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| 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
Dream Residential Real Estate Investment Trust is covered by 12 analysts. 4 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 |
|---|---|
| Dean Wilkinson | CIBC Capital Markets |
| Sairam Srinivas | Cormark Securities Inc. |
| Kyle Stanley | Desjardins Securities Inc. |