Alaris Equity Partners Income Trust Balance Sheet Health
Financial Health criteria checks 2/6
Alaris Equity Partners Income Trust has a total shareholder equity of CA$960.8M and total debt of CA$403.2M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are CA$1.5B and CA$514.1M respectively. Alaris Equity Partners Income Trust's EBIT is CA$202.4M making its interest coverage ratio 6.4. It has cash and short-term investments of CA$15.2M.
Key information
42.0%
Debt to equity ratio
CA$403.18m
Debt
| Interest coverage ratio | 6.4x |
| Cash | CA$15.18m |
| Equity | CA$960.82m |
| Total liabilities | CA$514.07m |
| Total assets | CA$1.47b |
Recent financial health updates
No updates
Recent updates
Alaris Equity Partners Income Trust's (TSE:AD.UN) Dividend Will Be CA$0.34
Mar 25
Alaris Equity Partners Income Trust (TSE:AD.UN) Is Paying Out A Larger Dividend Than Last Year
Jun 23Alaris Equity Partners Income Trust (TSE:AD.UN) Has Announced That It Will Be Increasing Its Dividend To CA$0.34
Mar 23Alaris Equity Partners Income Trust Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 12Alaris Equity Partners Income Trust (TSE:AD.UN) Will Pay A Dividend Of CA$0.33
Sep 22Here's Why We Think Alaris Equity Partners Income Trust (TSE:AD.UN) Is Well Worth Watching
Jun 15Should You Be Adding Alaris Equity Partners Income Trust (TSE:AD.UN) To Your Watchlist Today?
Mar 14What You Can Learn From Alaris Equity Partners Income Trust's (TSE:AD.UN) P/E
Apr 29Is Alaris Equity Partners Income Trust's (TSE:AD.UN) 7.6% Dividend Sustainable?
Mar 23Alaris Equity Partners Income Trust (TSE:AD.UN) Shareholders Received A Total Return Of Negative 3.9% In The Last Five Years
Feb 16
It Might Not Be A Great Idea To Buy Alaris Equity Partners Income Trust (TSE:AD.UN) For Its Next Dividend
Dec 26How Should Investors React To Alaris Equity Partners Income Trust's (TSE:AD.UN) CEO Pay?
Dec 23Financial Position Analysis
Short Term Liabilities: AD.UN's short term assets (CA$48.3M) do not cover its short term liabilities (CA$124.4M).
Long Term Liabilities: AD.UN's short term assets (CA$48.3M) do not cover its long term liabilities (CA$389.7M).
Debt to Equity History and Analysis
Debt Level: AD.UN's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: AD.UN's debt to equity ratio has increased from 35.9% to 42% over the past 5 years.
Debt Coverage: AD.UN's debt is well covered by operating cash flow (20.6%).
Interest Coverage: AD.UN's interest payments on its debt are well covered by EBIT (6.4x coverage).