Sunlight Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Sunlight Real Estate Investment Trust has a total shareholder equity of HK$13.6B and total debt of HK$4.3B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are HK$18.5B and HK$4.9B respectively. Sunlight Real Estate Investment Trust's EBIT is HK$522.5M making its interest coverage ratio 6.1. It has cash and short-term investments of HK$587.3M.
Key information
31.9%
Debt to equity ratio
HK$4.34b
Debt
| Interest coverage ratio | 6.1x |
| Cash | HK$587.26m |
| Equity | HK$13.60b |
| Total liabilities | HK$4.87b |
| Total assets | HK$18.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHTR.F's short term assets (HK$671.7M) do not cover its short term liabilities (HK$1.6B).
Long Term Liabilities: SHTR.F's short term assets (HK$671.7M) do not cover its long term liabilities (HK$3.3B).
Debt to Equity History and Analysis
Debt Level: SHTR.F's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: SHTR.F's debt to equity ratio has increased from 29.1% to 31.9% over the past 5 years.
Debt Coverage: SHTR.F's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: SHTR.F's interest payments on its debt are well covered by EBIT (6.1x coverage).