Inovalis Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Inovalis Real Estate Investment Trust has a total shareholder equity of CA$210.4M and total debt of CA$117.1M, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are CA$450.4M and CA$239.9M respectively.
Key information
55.7%
Debt to equity ratio
CA$117.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.16m |
| Equity | CA$210.43m |
| Total liabilities | CA$239.94m |
| Total assets | CA$450.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INO.UN's short term assets (CA$50.0M) do not cover its short term liabilities (CA$84.8M).
Long Term Liabilities: INO.UN's short term assets (CA$50.0M) do not cover its long term liabilities (CA$155.1M).
Debt to Equity History and Analysis
Debt Level: INO.UN's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: INO.UN's debt to equity ratio has reduced from 73.8% to 55.7% over the past 5 years.
Debt Coverage: INO.UN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if INO.UN's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:54 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Inovalis Real Estate Investment Trust is covered by 15 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jenny Ma | BMO Capital Markets Equity Research |
| Brendon Abrams | Canaccord Genuity |
| Christopher Koutsikaloudis | Canaccord Genuity |