| Dividend Yield | 5.77% |
| P/B Ratio | 1.11 |
| Aggregate Leverage Ratio | 38.9 |
| Occupancy Rate | 92.1% |
| WALE | 3.7 year(s) |
| Interest Coverage Ratio | 3.5 times |
| Fixed Rate Debt | 80.2% |
| Ex-dividend Date | 6 Aug 2024 |
| Record Date | 7 Aug 2024 |
| Payout Date | 2 Sep 2024 |
| Type | Office, Logistics, & Industrial |
Remarks
CapitaLand Ascendas REIT's (CLAR) debt profile weakened slightly in 3Q2024, with the aggregate leverage ratio climbing to 38.9% (from 37.8%). The adjusted ICR was steady at 3.5x. The overall debt profile is relatively healthy.
David Ang - 25 Oct 2024CapitaLand Ascendas REIT's (CLAR) percentage of debt hedged to a fixed rate is relatively high at 80.2%, a very healthy level. This will minimize the impact of interest rate movement on REIT's bottom line.
David Ang - 25 Oct 2024CapitaLand Ascendas REIT's (CLAR) debt maturity profile is healthy and well-distributed over the next several years. A relatively manageable chunk (11-14%) is due every year from 2024 to 2027. The REIT's debt is relatively well-equipped to weather any prolonged higher interest rate environment.
David Ang - 25 Oct 2024Geographical Exposure
| Singapore | 65% |
| Australia | 13% |
| United States | 12% |
| United Kingdom | 10% |
Sectoral Exposure
| Office | 46% |
| Logistics | 26% |
| Industrial | 20% |
| Data Center | 8% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY24 | 717 | 11% |
| FY25 | 834 | 12% |
| FY26 | 896 | 13% |
| FY27 | 933 | 14% |
| FY28 | 1,202 | 18% |
| FY29 | 940 | 14% |
| FY30 | 364 | 5% |
| FY31 | 455 | 7% |
| FY32 | 115 | 2% |
| FY34 | 300 | 4% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.