Canadian Apartment Properties Real Estate Investment Trust

TSX:CAR.UN Stock Report

Mkt Cap: CA$8.4b

Canadian Apartment Properties Real Estate Investment Trust Financial Health

How is Canadian Apartment Properties Real Estate Investment Trust's financial position?

Financial Health Score

2/6

Financial 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).


Balance Sheet


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