CT Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
CT Real Estate Investment Trust has a total shareholder equity of CA$3.8B and total debt of CA$2.9B, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are CA$7.0B and CA$3.1B respectively. CT Real Estate Investment Trust's EBIT is CA$422.0M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$20.8M.
Key information
74.9%
Debt to equity ratio
CA$2.88b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CA$20.77m |
| Equity | CA$3.85b |
| Total liabilities | CA$3.12b |
| Total assets | CA$6.97b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, CT Real Estate Investment Trust (TSE:CRT.UN) Presents An Opportunity
Jul 14
Does CT Real Estate Investment Trust (TSE:CRT.UN) Deserve A Spot On Your Watchlist?
Mar 28Dean McCann Just Bought 471% More Shares In CT Real Estate Investment Trust (TSE:CRT.UN)
Feb 26CT Real Estate Investment Trust's (TSE:CRT.UN) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 09
Financial Position Analysis
Short Term Liabilities: CRT.UN's short term assets (CA$28.9M) do not cover its short term liabilities (CA$332.9M).
Long Term Liabilities: CRT.UN's short term assets (CA$28.9M) do not cover its long term liabilities (CA$2.8B).
Debt to Equity History and Analysis
Debt Level: CRT.UN's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: CRT.UN's debt to equity ratio has reduced from 83.4% to 74.9% over the past 5 years.
Debt Coverage: CRT.UN's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: CRT.UN's interest payments on its debt are well covered by EBIT (3.7x coverage).