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$4.8B and total debt of CA$3.6B, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are CA$8.5B and CA$3.8B respectively. Boardwalk Real Estate Investment Trust's EBIT is CA$298.6M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$120.0M.
Key information
75.7%
Debt to equity ratio
CA$3.60b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CA$119.96m |
| Equity | CA$4.75b |
| Total liabilities | CA$3.79b |
| Total assets | CA$8.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BEI.UN's short term assets (CA$213.9M) do not cover its short term liabilities (CA$933.3M).
Long Term Liabilities: BEI.UN's short term assets (CA$213.9M) do not cover its long term liabilities (CA$2.9B).
Debt to Equity History and Analysis
Debt Level: BEI.UN's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: BEI.UN's debt to equity ratio has reduced from 92.1% to 75.7% over the past 5 years.
Debt Coverage: BEI.UN's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: BEI.UN's interest payments on its debt are not well covered by EBIT (2.8x coverage).