Frasers Centrepoint Trust Balance Sheet Health
Financial Health criteria checks 1/6
Frasers Centrepoint Trust has a total shareholder equity of SGD4.1B and total debt of SGD2.0B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are SGD6.4B and SGD2.3B respectively. Frasers Centrepoint Trust's EBIT is SGD267.7M making its interest coverage ratio 3.1. It has cash and short-term investments of SGD43.1M.
Key information
49.3%
Debt to equity ratio
S$2.02b
Debt
Interest coverage ratio | 3.1x |
Cash | S$43.12m |
Equity | S$4.10b |
Total liabilities | S$2.27b |
Total assets | S$6.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRZC.F's short term assets (SGD52.2M) do not cover its short term liabilities (SGD327.0M).
Long Term Liabilities: FRZC.F's short term assets (SGD52.2M) do not cover its long term liabilities (SGD1.9B).
Debt to Equity History and Analysis
Debt Level: FRZC.F's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: FRZC.F's debt to equity ratio has increased from 42.1% to 49.3% over the past 5 years.
Debt Coverage: FRZC.F's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: FRZC.F's interest payments on its debt are well covered by EBIT (3.1x coverage).