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Industrials REIT Balance Sheet Health
Financial Health criteria checks 4/6
Industrials REIT has a total shareholder equity of £495.0M and total debt of £177.6M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are £700.1M and £205.1M respectively. Industrials REIT's EBIT is £23.2M making its interest coverage ratio 9.1. It has cash and short-term investments of £33.9M.
Key information
35.87%
Debt to equity ratio
UK£177.56m
Debt
| Interest coverage ratio | 9.1x |
| Cash | UK£33.88m |
| Equity | UK£495.00m |
| Total liabilities | UK£205.06m |
| Total assets | UK£700.07m |
Recent financial health updates
Recent updates
Have Insiders Sold Stenprop Limited (JSE:STP) Shares Recently?
Feb 21
How Does Stenprop's (JSE:STP) CEO Pay Compare With Company Performance?
Jan 29
What Kind Of Investors Own Most Of Stenprop Limited (JSE:STP)?
Jan 07Insider Buying: Neil Marais Just Spent UK£537k On Stenprop Limited (JSE:STP) Shares
Dec 16Stenprop (JSE:STP) Has Compensated Shareholders With A Respectable 67% Return On Their Investment
Dec 02Financial Position Analysis
Short Term Liabilities: MLI's short term assets (£49.3M) exceed its short term liabilities (£27.3M).
Long Term Liabilities: MLI's short term assets (£49.3M) do not cover its long term liabilities (£177.7M).
Debt to Equity History and Analysis
Debt Level: MLI's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: MLI's debt to equity ratio has reduced from 82% to 35.9% over the past 5 years.
Debt Coverage: MLI's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: MLI's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/23 09:47 |
| End of Day Share Price | 2023/06/20 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2022/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Industrials REIT Limited is covered by 1 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Miranda Cockburn | Panmure Liberum Historic (Panmure Gordon) |