Sabana Industrial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Sabana Industrial Real Estate Investment Trust has a total shareholder equity of SGD579.6M and total debt of SGD335.0M, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are SGD1.0B and SGD450.0M respectively. Sabana Industrial Real Estate Investment Trust's EBIT is SGD45.0M making its interest coverage ratio 2.4. It has cash and short-term investments of SGD26.3M.
Key information
57.8%
Debt to equity ratio
S$335.02m
Debt
| Interest coverage ratio | 2.4x |
| Cash | S$26.32m |
| Equity | S$579.63m |
| Total liabilities | S$449.95m |
| Total assets | S$1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBBS.F's short term assets (SGD36.6M) exceed its short term liabilities (SGD29.4M).
Long Term Liabilities: SBBS.F's short term assets (SGD36.6M) do not cover its long term liabilities (SGD420.6M).
Debt to Equity History and Analysis
Debt Level: SBBS.F's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: SBBS.F's debt to equity ratio has increased from 45.8% to 57.8% over the past 5 years.
Debt Coverage: SBBS.F's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: SBBS.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).