Far East Hospitality Trust Balance Sheet Health
Financial Health criteria checks 2/6
Far East Hospitality Trust has a total shareholder equity of SGD1.9B and total debt of SGD716.2M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are SGD2.6B and SGD733.3M respectively. Far East Hospitality Trust's EBIT is SGD87.3M making its interest coverage ratio 3. It has cash and short-term investments of SGD28.5M.
Key information
38.6%
Debt to equity ratio
S$716.18m
Debt
Interest coverage ratio | 3x |
Cash | S$28.49m |
Equity | S$1.86b |
Total liabilities | S$733.33m |
Total assets | S$2.59b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FEHT.F's short term assets (SGD76.9M) do not cover its short term liabilities (SGD116.7M).
Long Term Liabilities: FEHT.F's short term assets (SGD76.9M) do not cover its long term liabilities (SGD616.7M).
Debt to Equity History and Analysis
Debt Level: FEHT.F's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: FEHT.F's debt to equity ratio has reduced from 60.8% to 38.6% over the past 5 years.
Debt Coverage: FEHT.F's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: FEHT.F's interest payments on its debt are not well covered by EBIT (3x coverage).