Inland Real Estate Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
Inland Real Estate Income Trust has a total shareholder equity of $405.9M and total debt of $842.1M, which brings its debt-to-equity ratio to 207.5%. Its total assets and total liabilities are $1.3B and $932.1M respectively. Inland Real Estate Income Trust's EBIT is $29.0M making its interest coverage ratio 0.7. It has cash and short-term investments of $7.7M.
Key information
207.5%
Debt to equity ratio
US$842.11m
Debt
Interest coverage ratio | 0.7x |
Cash | US$7.71m |
Equity | US$405.87m |
Total liabilities | US$932.10m |
Total assets | US$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INRE's short term assets ($30.2M) exceed its short term liabilities ($21.8M).
Long Term Liabilities: INRE's short term assets ($30.2M) do not cover its long term liabilities ($910.3M).
Debt to Equity History and Analysis
Debt Level: INRE's net debt to equity ratio (205.6%) is considered high.
Reducing Debt: INRE's debt to equity ratio has increased from 141.4% to 207.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable INRE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INRE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.9% per year.