Resilient REIT Balance Sheet Health
Financial Health criteria checks 2/6
Resilient REIT has a total shareholder equity of ZAR21.6B and total debt of ZAR13.3B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are ZAR35.7B and ZAR14.1B respectively. Resilient REIT's EBIT is ZAR4.4B making its interest coverage ratio 4.9. It has cash and short-term investments of ZAR85.7M.
Key information
61.4%
Debt to equity ratio
R13.28b
Debt
Interest coverage ratio | 4.9x |
Cash | R85.65m |
Equity | R21.64b |
Total liabilities | R14.06b |
Total assets | R35.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RES's short term assets (ZAR285.4M) do not cover its short term liabilities (ZAR5.2B).
Long Term Liabilities: RES's short term assets (ZAR285.4M) do not cover its long term liabilities (ZAR8.9B).
Debt to Equity History and Analysis
Debt Level: RES's net debt to equity ratio (61%) is considered high.
Reducing Debt: RES's debt to equity ratio has reduced from 68.8% to 61.4% over the past 5 years.
Debt Coverage: RES's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: RES's interest payments on its debt are well covered by EBIT (4.9x coverage).