Canadian Apartment Properties Real Estate Investment Trust Financial Health
How is Canadian Apartment Properties Real Estate Investment Trust's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CAR.UN's short term assets (CA$211.0M) do not cover its short term liabilities (CA$914.3M).
Long Term Liabilities: CAR.UN's short term assets (CA$211.0M) do not cover its long term liabilities (CA$6.7B).
Debt to Equity History and Analysis
Debt Level: CAR.UN's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: CAR.UN's debt to equity ratio has reduced from 85.9% to 70.2% over the past 5 years.
Debt Coverage: CAR.UN's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: CAR.UN's interest payments on its debt are well covered by EBIT (3.7x coverage).