Allied Properties Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Allied Properties Real Estate Investment Trust has a total shareholder equity of CA$5.9B and total debt of CA$4.3B, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are CA$10.9B and CA$5.1B respectively. Allied Properties Real Estate Investment Trust's EBIT is CA$265.7M making its interest coverage ratio 2.6. It has cash and short-term investments of CA$17.9M.
Key information
73.5%
Debt to equity ratio
CA$4.32b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$17.90m |
| Equity | CA$5.88b |
| Total liabilities | CA$5.05b |
| Total assets | CA$10.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP.UN's short term assets (CA$604.2M) do not cover its short term liabilities (CA$1.4B).
Long Term Liabilities: AP.UN's short term assets (CA$604.2M) do not cover its long term liabilities (CA$3.7B).
Debt to Equity History and Analysis
Debt Level: AP.UN's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: AP.UN's debt to equity ratio has increased from 42.6% to 73.5% over the past 5 years.
Debt Coverage: AP.UN's debt is not well covered by operating cash flow (5%).
Interest Coverage: AP.UN's interest payments on its debt are not well covered by EBIT (2.6x coverage).