Boardwalk Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Boardwalk Real Estate Investment Trust has a total shareholder equity of CA$4.3B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are CA$8.1B and CA$3.8B respectively. Boardwalk Real Estate Investment Trust's EBIT is CA$274.9M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$331.2M.
Key information
84.2%
Debt to equity ratio
CA$3.64b
Debt
Interest coverage ratio | 2.5x |
Cash | CA$331.20m |
Equity | CA$4.32b |
Total liabilities | CA$3.82b |
Total assets | CA$8.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BEI.UN's short term assets (CA$368.5M) do not cover its short term liabilities (CA$600.5M).
Long Term Liabilities: BEI.UN's short term assets (CA$368.5M) do not cover its long term liabilities (CA$3.2B).
Debt to Equity History and Analysis
Debt Level: BEI.UN's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: BEI.UN's debt to equity ratio has reduced from 92.4% to 84.2% over the past 5 years.
Debt Coverage: BEI.UN's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: BEI.UN's interest payments on its debt are not well covered by EBIT (2.5x coverage).