Resilient Reit Ltd

Resilient Reit Ltd maintains a capital structure characterized by a debt-to-equity ratio of 0.52, indicating moderate leverage relative to its equity base of 26.03 billion ZAR. The company holds 13.61 billion ZAR in long-term debt against only 42.80 million ZAR in cash and equivalents, resulting in a negative net cash position. Liquidity is constrained, evidenced by a current ratio of 0.12, which signals limited short-term asset coverage for current liabilities. Operating cash flow is negative at -98.23 million ZAR, further highlighting liquidity pressure despite the substantial asset base of 41.47 billion ZAR.

Profitability metrics demonstrate strong returns on capital, with a return on equity of 17.56% and a return on assets of 11.02%. The company reports net income of 4.57 billion ZAR on revenue of 3.93 billion ZAR, suggesting that non-operating items or accounting treatments significantly boost the bottom line beyond gross profit of 2.48 billion ZAR. Operating income is reported at 5.74 billion ZAR, which exceeds net income, implying significant tax or interest expenses are deducted after the operating level, or that the operating income figure includes non-cash adjustments typical of REIT accounting.

Segment and geographic data are not provided in the available input, preventing a detailed analysis of revenue concentration or regional exposure. The company operates as an equity REIT, implying its revenue is derived from rental income and property appreciation, but specific tenant or property type breakdowns are absent from the current dataset.

Historical period data for revenue and net income trends is not available in the input, limiting the ability to assess growth trajectory or cyclicality. The current financial snapshot provides a static view of performance, with no year-over-year or quarter-over-quarter comparisons to determine momentum.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, reinforcing the liquidity concerns identified in the balance sheet analysis. The absence of dilution risk suggests the share count of 333.63 million is stable, with no immediate pressure from equity issuance.

Recent observations include analyst estimates with a mean price target of 85.19 ZAR and a median of 85.50 ZAR, reflecting a consensus view within a narrow range of 82.78 ZAR to 87.00 ZAR. The mean recommendation is 2.75, indicating a neutral stance with one buy rating and three hold ratings, and no strong buy recommendations. No specific filing, news, or transcript events are detailed in the input beyond these analyst metrics.

Revenue ZAR 3.93B, +7,5% YoY; Operating income +39,5% YoY.

• ▍Revenue ZAR 3.93B, +7,5% YoY
• ▍Operating income +39,5% YoY
• ▍Net income +58,7% YoY
• ▍Net margin 116.4%

Revenue ZAR 3.65B, +8,1% YoY; Operating income −13,6% YoY.

• ▍Revenue ZAR 3.65B, +8,1% YoY
• ▍Operating income −13,6% YoY
• ▍Net income −18,4% YoY
• ▍Net margin 78.9%

Revenue ZAR 3.38B, −3,5% YoY; Operating income +3,5% YoY.

• ▍Revenue ZAR 3.38B, −3,5% YoY
• ▍Operating income +3,5% YoY
• ▍Net income −6,9% YoY
• ▍Net margin 104.4%

Revenue ZAR 3.50B, +22,3% YoY; Operating income +392,9% YoY.

• ▍Revenue ZAR 3.50B, +22,3% YoY
• ▍Operating income +392,9% YoY
• ▍Net income +1 676,8% YoY
• ▍Net margin 108.2%