First Capital Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
First Capital Real Estate Investment Trust has a total shareholder equity of CA$4.0B and total debt of CA$4.2B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are CA$9.2B and CA$5.2B respectively. First Capital Real Estate Investment Trust's EBIT is CA$464.7M making its interest coverage ratio 3.1. It has cash and short-term investments of CA$167.0M.
Key information
104.4%
Debt to equity ratio
CA$4.21b
Debt
Interest coverage ratio | 3.1x |
Cash | CA$166.99m |
Equity | CA$4.03b |
Total liabilities | CA$5.21b |
Total assets | CA$9.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCR.UN's short term assets (CA$705.2M) do not cover its short term liabilities (CA$781.9M).
Long Term Liabilities: FCR.UN's short term assets (CA$705.2M) do not cover its long term liabilities (CA$4.4B).
Debt to Equity History and Analysis
Debt Level: FCR.UN's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: FCR.UN's debt to equity ratio has increased from 86.5% to 104.4% over the past 5 years.
Debt Coverage: FCR.UN's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: FCR.UN's interest payments on its debt are well covered by EBIT (3.1x coverage).