BTB Real Estate Investment Trust

TSX:BTB.UN Stock Report

Market Cap: CA$323.2m

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 2. It has cash and short-term investments of CA$3.3M.

Key information

151.1%

Debt to equity ratio

CA$726.99m

Debt

Interest coverage ratio2x
CashCA$3.25m
EquityCA$481.15m
Total liabilitiesCA$762.77m
Total assetsCA$1.24b

Recent financial health updates

No updates

Recent updates

Shareholders May Not Be So Generous With BTB Real Estate Investment Trust's (TSE:BTB.UN) CEO Compensation And Here's Why

Jun 13
Shareholders May Not Be So Generous With BTB Real Estate Investment Trust's (TSE:BTB.UN) CEO Compensation And Here's Why

Financial Position Analysis

Short Term Liabilities: BTB.UN's short term assets (CA$28.0M) do not cover its short term liabilities (CA$53.6M).

Long Term Liabilities: BTB.UN's short term assets (CA$28.0M) do not cover its long term liabilities (CA$709.2M).


Debt to Equity History and Analysis

Debt Level: BTB.UN's net debt to equity ratio (150.4%) 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 (2x coverage).


Balance Sheet


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