Resilient REIT Balance Sheet Health
Financial Health criteria checks 1/6
Resilient REIT has a total shareholder equity of ZAR22.6B and total debt of ZAR13.7B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are ZAR37.0B and ZAR14.4B respectively. Resilient REIT's EBIT is ZAR4.5B making its interest coverage ratio 4.5. It has cash and short-term investments of ZAR42.9M.
Key information
60.6%
Debt to equity ratio
R13.68b
Debt
| Interest coverage ratio | 4.5x |
| Cash | R42.89m |
| Equity | R22.57b |
| Total liabilities | R14.42b |
| Total assets | R36.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RES's short term assets (ZAR1.2B) do not cover its short term liabilities (ZAR1.6B).
Long Term Liabilities: RES's short term assets (ZAR1.2B) do not cover its long term liabilities (ZAR12.8B).
Debt to Equity History and Analysis
Debt Level: RES's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: RES's debt to equity ratio has increased from 44.8% to 60.6% over the past 5 years.
Debt Coverage: RES's debt is not well covered by operating cash flow (9%).
Interest Coverage: RES's interest payments on its debt are well covered by EBIT (4.5x coverage).