Marwest Apartment Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Marwest Apartment Real Estate Investment Trust has a total shareholder equity of CA$27.6M and total debt of CA$100.8M, which brings its debt-to-equity ratio to 365.4%. Its total assets and total liabilities are CA$139.8M and CA$112.2M respectively. Marwest Apartment Real Estate Investment Trust's EBIT is CA$5.5M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$1.8M.
Key information
365.4%
Debt to equity ratio
CA$100.77m
Debt
Interest coverage ratio | 1.8x |
Cash | CA$1.77m |
Equity | CA$27.58m |
Total liabilities | CA$112.19m |
Total assets | CA$139.77m |
Recent financial health updates
No updates
Recent updates
Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013
Feb 21Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013
Nov 23Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Will Pay A Dividend Of CA$0.0013
Sep 24Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Announced That It Will Be Increasing Its Dividend To CA$0.0013
Aug 18Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Has Affirmed Its Dividend Of CA$0.0013
Jul 20Marwest Apartment Real Estate Investment Trust (CVE:MAR.UN) Is Due To Pay A Dividend Of CA$0.0013
May 20Marwest Apartment Real Estate Investment Trust's (CVE:MAR.UN) Dividend Will Be CA$0.0013
Mar 27Financial Position Analysis
Short Term Liabilities: MAR.UN's short term assets (CA$2.1M) do not cover its short term liabilities (CA$18.5M).
Long Term Liabilities: MAR.UN's short term assets (CA$2.1M) do not cover its long term liabilities (CA$93.7M).
Debt to Equity History and Analysis
Debt Level: MAR.UN's net debt to equity ratio (359%) is considered high.
Reducing Debt: Insufficient data to determine if MAR.UN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAR.UN's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: MAR.UN's interest payments on its debt are not well covered by EBIT (1.8x coverage).