H&R Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
H&R Real Estate Investment Trust has a total shareholder equity of CA$5.2B and total debt of CA$3.9B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are CA$10.8B and CA$5.6B respectively. H&R Real Estate Investment Trust's EBIT is CA$578.7M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$92.3M.
Key information
74.5%
Debt to equity ratio
CA$3.87b
Debt
Interest coverage ratio | 2.7x |
Cash | CA$92.30m |
Equity | CA$5.19b |
Total liabilities | CA$5.59b |
Total assets | CA$10.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HR.UN's short term assets (CA$560.2M) do not cover its short term liabilities (CA$871.5M).
Long Term Liabilities: HR.UN's short term assets (CA$560.2M) do not cover its long term liabilities (CA$4.7B).
Debt to Equity History and Analysis
Debt Level: HR.UN's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: HR.UN's debt to equity ratio has reduced from 95.5% to 74.5% over the past 5 years.
Debt Coverage: HR.UN's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: HR.UN's interest payments on its debt are not well covered by EBIT (2.7x coverage).