Automotive Properties Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Automotive Properties Real Estate Investment Trust has a total shareholder equity of CA$540.0M and total debt of CA$632.1M, which brings its debt-to-equity ratio to 117%. Its total assets and total liabilities are CA$1.2B and CA$653.9M respectively. Automotive Properties Real Estate Investment Trust's EBIT is CA$72.7M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$11.7M.
Key information
117.0%
Debt to equity ratio
CA$632.06m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$11.69m |
Equity | CA$539.99m |
Total liabilities | CA$653.91m |
Total assets | CA$1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APR.UN's short term assets (CA$14.5M) do not cover its short term liabilities (CA$18.6M).
Long Term Liabilities: APR.UN's short term assets (CA$14.5M) do not cover its long term liabilities (CA$635.3M).
Debt to Equity History and Analysis
Debt Level: APR.UN's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: APR.UN's debt to equity ratio has reduced from 200.8% to 117% over the past 5 years.
Debt Coverage: APR.UN's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: APR.UN's interest payments on its debt are not well covered by EBIT (2.3x coverage).