US Masters Residential Property Fund Balance Sheet Health
Financial Health criteria checks 3/6
US Masters Residential Property Fund has a total shareholder equity of A$449.7M and total debt of A$494.2M, which brings its debt-to-equity ratio to 109.9%. Its total assets and total liabilities are A$1.0B and A$561.7M respectively. US Masters Residential Property Fund's EBIT is A$15.3M making its interest coverage ratio 0.7. It has cash and short-term investments of A$38.1M.
Key information
109.9%
Debt to equity ratio
AU$494.20m
Debt
Interest coverage ratio | 0.7x |
Cash | AU$38.12m |
Equity | AU$449.70m |
Total liabilities | AU$561.74m |
Total assets | AU$1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMRR.F's short term assets (A$130.8M) exceed its short term liabilities (A$13.0M).
Long Term Liabilities: UMRR.F's short term assets (A$130.8M) do not cover its long term liabilities (A$548.7M).
Debt to Equity History and Analysis
Debt Level: UMRR.F's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: UMRR.F's debt to equity ratio has increased from 86.6% to 109.9% 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: UMRR.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: UMRR.F has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 33.7% each year