Mapletree Industrial Trust Balance Sheet Health
Financial Health criteria checks 2/6
Mapletree Industrial Trust has a total shareholder equity of SGD5.5B and total debt of SGD3.1B, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are SGD9.0B and SGD3.5B respectively. Mapletree Industrial Trust's EBIT is SGD449.1M making its interest coverage ratio 3.8. It has cash and short-term investments of SGD223.7M.
Key information
56.2%
Debt to equity ratio
S$3.12b
Debt
Interest coverage ratio | 3.8x |
Cash | S$223.67m |
Equity | S$5.54b |
Total liabilities | S$3.50b |
Total assets | S$9.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAPI.F's short term assets (SGD296.7M) exceed its short term liabilities (SGD246.4M).
Long Term Liabilities: MAPI.F's short term assets (SGD296.7M) do not cover its long term liabilities (SGD3.3B).
Debt to Equity History and Analysis
Debt Level: MAPI.F's net debt to equity ratio (52.2%) is considered high.
Reducing Debt: MAPI.F's debt to equity ratio has increased from 46.9% to 56.2% over the past 5 years.
Debt Coverage: MAPI.F's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: MAPI.F's interest payments on its debt are well covered by EBIT (3.8x coverage).