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.