Highlands REIT Balance Sheet Health
Financial Health criteria checks 1/6
Highlands REIT has a total shareholder equity of $204.2M and total debt of $120.9M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are $341.2M and $136.9M respectively.
Key information
59.2%
Debt to equity ratio
US$120.93m
Debt
Interest coverage ratio | n/a |
Cash | US$17.18m |
Equity | US$204.21m |
Total liabilities | US$136.94m |
Total assets | US$341.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HHDS's short term assets ($25.8M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: HHDS's short term assets ($25.8M) do not cover its long term liabilities ($123.6M).
Debt to Equity History and Analysis
Debt Level: HHDS's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: HHDS's debt to equity ratio has increased from 12.3% to 59.2% over the past 5 years.
Debt Coverage: HHDS's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: Insufficient data to determine if HHDS's interest payments on its debt are well covered by EBIT.