Castleview Property Fund Balance Sheet Health
Financial Health criteria checks 1/6
Castleview Property Fund has a total shareholder equity of ZAR10.6B and total debt of ZAR10.8B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are ZAR22.1B and ZAR11.5B respectively. Castleview Property Fund's EBIT is ZAR918.2M making its interest coverage ratio 1.9. It has cash and short-term investments of ZAR201.0M.
Key information
101.6%
Debt to equity ratio
R10.79b
Debt
Interest coverage ratio | 1.9x |
Cash | R201.00m |
Equity | R10.62b |
Total liabilities | R11.45b |
Total assets | R22.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVW's short term assets (ZAR2.1B) do not cover its short term liabilities (ZAR3.2B).
Long Term Liabilities: CVW's short term assets (ZAR2.1B) do not cover its long term liabilities (ZAR8.2B).
Debt to Equity History and Analysis
Debt Level: CVW's net debt to equity ratio (99.7%) is considered high.
Reducing Debt: CVW's debt to equity ratio has reduced from 112.4% to 101.6% over the past 5 years.
Debt Coverage: CVW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CVW's interest payments on its debt are not well covered by EBIT (1.9x coverage).