Crombie Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Crombie Real Estate Investment Trust has a total shareholder equity of CA$1.8B and total debt of CA$2.2B, which brings its debt-to-equity ratio to 120.9%. Its total assets and total liabilities are CA$4.2B and CA$2.4B respectively. Crombie Real Estate Investment Trust's EBIT is CA$199.2M making its interest coverage ratio 2.2. It has cash and short-term investments of CA$585.0K.
Key information
120.9%
Debt to equity ratio
CA$2.19b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$585.00k |
| Equity | CA$1.81b |
| Total liabilities | CA$2.36b |
| Total assets | CA$4.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRR.UN's short term assets (CA$67.7M) do not cover its short term liabilities (CA$416.4M).
Long Term Liabilities: CRR.UN's short term assets (CA$67.7M) do not cover its long term liabilities (CA$1.9B).
Debt to Equity History and Analysis
Debt Level: CRR.UN's net debt to equity ratio (120.9%) is considered high.
Reducing Debt: CRR.UN's debt to equity ratio has reduced from 157.4% to 120.9% over the past 5 years.
Debt Coverage: CRR.UN's debt is not well covered by operating cash flow (11%).
Interest Coverage: CRR.UN's interest payments on its debt are not well covered by EBIT (2.2x coverage).