Automotive Properties Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Automotive Properties Real Estate Investment Trust has a total shareholder equity of CA$665.2M and total debt of CA$523.6M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are CA$1.2B and CA$547.3M respectively. Automotive Properties Real Estate Investment Trust's EBIT is CA$73.6M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$1.8M.
Key information
78.7%
Debt to equity ratio
CA$523.56m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CA$1.83m |
| Equity | CA$665.20m |
| Total liabilities | CA$547.31m |
| Total assets | CA$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APR.UN's short term assets (CA$57.4M) exceed its short term liabilities (CA$26.7M).
Long Term Liabilities: APR.UN's short term assets (CA$57.4M) do not cover its long term liabilities (CA$520.7M).
Debt to Equity History and Analysis
Debt Level: APR.UN's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: APR.UN's debt to equity ratio has reduced from 176.2% to 78.7% over the past 5 years.
Debt Coverage: APR.UN's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: APR.UN's interest payments on its debt are not well covered by EBIT (1.3x coverage).