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$477.7M and total debt of CA$718.9M, which brings its debt-to-equity ratio to 150.5%. Its total assets and total liabilities are CA$1.2B and CA$750.0M respectively. BTB Real Estate Investment Trust's EBIT is CA$67.9M making its interest coverage ratio 2.1. It has cash and short-term investments of CA$3.6M.
Key information
150.5%
Debt to equity ratio
CA$718.94m
Debt
Interest coverage ratio | 2.1x |
Cash | CA$3.61m |
Equity | CA$477.65m |
Total liabilities | CA$749.99m |
Total assets | CA$1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTB.UN's short term assets (CA$19.9M) do not cover its short term liabilities (CA$242.1M).
Long Term Liabilities: BTB.UN's short term assets (CA$19.9M) do not cover its long term liabilities (CA$507.9M).
Debt to Equity History and Analysis
Debt Level: BTB.UN's net debt to equity ratio (149.8%) is considered high.
Reducing Debt: BTB.UN's debt to equity ratio has reduced from 180% to 150.5% over the past 5 years.
Debt Coverage: BTB.UN's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: BTB.UN's interest payments on its debt are not well covered by EBIT (2.1x coverage).