Madison Pacific Properties Balance Sheet Health
Financial Health criteria checks 0/6
Madison Pacific Properties has a total shareholder equity of CA$429.0M and total debt of CA$297.4M, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are CA$799.1M and CA$370.0M respectively. Madison Pacific Properties's EBIT is CA$22.1M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$31.4M.
Key information
69.3%
Debt to equity ratio
CA$297.39m
Debt
Interest coverage ratio | 0.9x |
Cash | CA$31.43m |
Equity | CA$429.02m |
Total liabilities | CA$370.05m |
Total assets | CA$799.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPC.C's short term assets (CA$37.8M) do not cover its short term liabilities (CA$121.7M).
Long Term Liabilities: MPC.C's short term assets (CA$37.8M) do not cover its long term liabilities (CA$248.4M).
Debt to Equity History and Analysis
Debt Level: MPC.C's net debt to equity ratio (62%) is considered high.
Reducing Debt: MPC.C's debt to equity ratio has increased from 65.7% to 69.3% over the past 5 years.
Debt Coverage: MPC.C's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MPC.C's interest payments on its debt are not well covered by EBIT (0.9x coverage).