R&R Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
R&R Real Estate Investment Trust has a total shareholder equity of $23.4M and total debt of $57.6M, which brings its debt-to-equity ratio to 246.2%. Its total assets and total liabilities are $112.1M and $88.7M respectively. R&R Real Estate Investment Trust's EBIT is $6.2M making its interest coverage ratio 1.7. It has cash and short-term investments of $10.0M.
Key information
246.2%
Debt to equity ratio
US$57.61m
Debt
Interest coverage ratio | 1.7x |
Cash | US$9.97m |
Equity | US$23.40m |
Total liabilities | US$88.73m |
Total assets | US$112.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRRU.F's short term assets ($17.5M) exceed its short term liabilities ($12.0M).
Long Term Liabilities: RRRU.F's short term assets ($17.5M) do not cover its long term liabilities ($76.7M).
Debt to Equity History and Analysis
Debt Level: RRRU.F's net debt to equity ratio (203.6%) is considered high.
Reducing Debt: RRRU.F's debt to equity ratio has increased from 219.4% to 246.2% over the past 5 years.
Debt Coverage: RRRU.F's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: RRRU.F's interest payments on its debt are not well covered by EBIT (1.7x coverage).