R&R Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
R&R Real Estate Investment Trust has a total shareholder equity of $10.6M and total debt of $52.7M, which brings its debt-to-equity ratio to 497.2%. Its total assets and total liabilities are $108.9M and $98.3M respectively. R&R Real Estate Investment Trust's EBIT is $3.8M making its interest coverage ratio 1.1. It has cash and short-term investments of $11.5M.
Key information
497.2%
Debt to equity ratio
US$52.73m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$11.47m |
| Equity | US$10.60m |
| Total liabilities | US$98.33m |
| Total assets | US$108.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRRU.F's short term assets ($24.5M) do not cover its short term liabilities ($52.6M).
Long Term Liabilities: RRRU.F's short term assets ($24.5M) do not cover its long term liabilities ($45.8M).
Debt to Equity History and Analysis
Debt Level: RRRU.F's net debt to equity ratio (389%) is considered high.
Reducing Debt: RRRU.F's debt to equity ratio has reduced from 498% to 497.2% 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 RRRU.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RRRU.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.6% per year.