BTB Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
BTB Real Estate Investment Trust has a total shareholder equity of CA$481.1M and total debt of CA$727.0M, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are CA$1.2B and CA$762.8M respectively. BTB Real Estate Investment Trust's EBIT is CA$66.2M making its interest coverage ratio 1.9. It has cash and short-term investments of CA$4.4M.
Key information
151.1%
Debt to equity ratio
CA$726.99m
Debt
| Interest coverage ratio | 1.9x |
| Cash | CA$4.41m |
| Equity | CA$481.15m |
| Total liabilities | CA$762.77m |
| Total assets | CA$1.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BTB.UN's short term assets (CA$28.0M) do not cover its short term liabilities (CA$91.2M).
Long Term Liabilities: BTB.UN's short term assets (CA$28.0M) do not cover its long term liabilities (CA$671.6M).
Debt to Equity History and Analysis
Debt Level: BTB.UN's net debt to equity ratio (150.2%) is considered high.
Reducing Debt: BTB.UN's debt to equity ratio has reduced from 175% to 151.1% over the past 5 years.
Debt Coverage: BTB.UN's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: BTB.UN's interest payments on its debt are not well covered by EBIT (1.9x coverage).