Madison Pacific Properties Balance Sheet Health
Financial Health criteria checks 0/6
Madison Pacific Properties has a total shareholder equity of CA$423.7M and total debt of CA$302.9M, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are CA$795.4M and CA$371.7M respectively. Madison Pacific Properties's EBIT is CA$26.5M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$15.6M.
Key information
71.5%
Debt to equity ratio
CA$302.91m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$15.57m |
| Equity | CA$423.72m |
| Total liabilities | CA$371.73m |
| Total assets | CA$795.45m |
Recent financial health updates
Madison Pacific Properties (TSE:MPC) Has No Shortage Of Debt
Jun 13
Is Madison Pacific Properties (TSE:MPC) A Risky Investment?
Oct 18Is Madison Pacific Properties (TSE:MPC) A Risky Investment?
Jan 18
Recent updates
Madison Pacific Properties (TSE:MPC) Will Pay A Dividend Of CA$0.0525
Aug 01Madison Pacific Properties (TSE:MPC) Is Paying Out A Dividend Of CA$0.0525
Jul 18Madison Pacific Properties (TSE:MPC) Has No Shortage Of Debt
Jun 13Madison Pacific Properties (TSE:MPC) Has Affirmed Its Dividend Of CA$0.0525
Jan 19Is Madison Pacific Properties (TSE:MPC) A Risky Investment?
Oct 18Madison Pacific Properties (TSE:MPC) Has Affirmed Its Dividend Of CA$0.0525
Aug 10Madison Pacific Properties (TSE:MPC) Has Affirmed Its Dividend Of CA$0.0525
Jul 18What Can We Conclude About Madison Pacific Properties' (TSE:MPC) CEO Pay?
Feb 22Just Four Days Till Madison Pacific Properties Inc. (TSE:MPC) Will Be Trading Ex-Dividend
Feb 03Is Madison Pacific Properties (TSE:MPC) A Risky Investment?
Jan 18Here's How We Evaluate Madison Pacific Properties Inc.'s (TSE:MPC) Dividend
Dec 23Shareholders Of Madison Pacific Properties (TSE:MPC) Must Be Happy With Their 67% Return
Nov 30Financial Position Analysis
Short Term Liabilities: MPC's short term assets (CA$21.1M) do not cover its short term liabilities (CA$115.3M).
Long Term Liabilities: MPC's short term assets (CA$21.1M) do not cover its long term liabilities (CA$256.4M).
Debt to Equity History and Analysis
Debt Level: MPC's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: MPC's debt to equity ratio has increased from 65.3% to 71.5% over the past 5 years.
Debt Coverage: MPC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MPC's interest payments on its debt are not well covered by EBIT (0.9x coverage).