Firm Capital Property Trust Balance Sheet Health
Financial Health criteria checks 0/6
Firm Capital Property Trust has a total shareholder equity of CA$291.7M and total debt of CA$335.1M, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are CA$637.4M and CA$345.7M respectively. Firm Capital Property Trust's EBIT is CA$33.1M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$8.3M.
Key information
114.9%
Debt to equity ratio
CA$335.09m
Debt
Interest coverage ratio | 2.3x |
Cash | CA$8.33m |
Equity | CA$291.69m |
Total liabilities | CA$345.69m |
Total assets | CA$637.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCD.UN's short term assets (CA$23.2M) do not cover its short term liabilities (CA$137.3M).
Long Term Liabilities: FCD.UN's short term assets (CA$23.2M) do not cover its long term liabilities (CA$208.4M).
Debt to Equity History and Analysis
Debt Level: FCD.UN's net debt to equity ratio (112%) is considered high.
Reducing Debt: FCD.UN's debt to equity ratio has increased from 74.3% to 114.9% over the past 5 years.
Debt Coverage: FCD.UN's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: FCD.UN's interest payments on its debt are not well covered by EBIT (2.3x coverage).