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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 12:24 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Automotive Properties Real Estate Investment Trust is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Markidis | BMO Capital Markets Equity Research |
| J. Chen | BMO Capital Markets Equity Research |
| Mark Rothschild | Canaccord Genuity |