Transcend Residential Property Fund Balance Sheet Health
Financial Health criteria checks 1/6
Transcend Residential Property Fund has a total shareholder equity of ZAR1.4B and total debt of ZAR869.6M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ZAR2.3B and ZAR911.7M respectively. Transcend Residential Property Fund's EBIT is ZAR185.4M making its interest coverage ratio 2.9. It has cash and short-term investments of ZAR42.5M.
Key information
62.1%
Debt to equity ratio
R869.58m
Debt
| Interest coverage ratio | 2.9x |
| Cash | R42.52m |
| Equity | R1.40b |
| Total liabilities | R911.65m |
| Total assets | R2.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPF's short term assets (ZAR106.9M) do not cover its short term liabilities (ZAR334.1M).
Long Term Liabilities: TPF's short term assets (ZAR106.9M) do not cover its long term liabilities (ZAR577.6M).
Debt to Equity History and Analysis
Debt Level: TPF's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: TPF's debt to equity ratio has reduced from 81% to 62.1% over the past 5 years.
Debt Coverage: TPF's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: TPF's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/16 22:59 |
| End of Day Share Price | 2023/11/07 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2023/03/31 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Transcend Residential Property Fund Limited is covered by 0 analysts. 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 |
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