Allied Properties Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Allied Properties Real Estate Investment Trust has a total shareholder equity of CA$6.1B and total debt of CA$3.7B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are CA$10.6B and CA$4.5B respectively. Allied Properties Real Estate Investment Trust's EBIT is CA$280.1M making its interest coverage ratio 4.5. It has cash and short-term investments of CA$211.1M.
Key information
59.7%
Debt to equity ratio
CA$3.66b
Debt
Interest coverage ratio | 4.5x |
Cash | CA$211.07m |
Equity | CA$6.14b |
Total liabilities | CA$4.47b |
Total assets | CA$10.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP.UN's short term assets (CA$633.7M) do not cover its short term liabilities (CA$864.4M).
Long Term Liabilities: AP.UN's short term assets (CA$633.7M) do not cover its long term liabilities (CA$3.6B).
Debt to Equity History and Analysis
Debt Level: AP.UN's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: AP.UN's debt to equity ratio has increased from 43.3% to 59.7% over the past 5 years.
Debt Coverage: AP.UN's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: AP.UN's interest payments on its debt are well covered by EBIT (4.5x coverage).