Flagship Communities Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Flagship Communities Real Estate Investment Trust has a total shareholder equity of $563.5M and total debt of $506.3M, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are $1.1B and $525.9M respectively. Flagship Communities Real Estate Investment Trust's EBIT is $44.2M making its interest coverage ratio 1.9. It has cash and short-term investments of $11.2M.
Key information
89.8%
Debt to equity ratio
US$506.28m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$11.21m |
| Equity | US$563.51m |
| Total liabilities | US$525.92m |
| Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHC.U's short term assets ($21.2M) do not cover its short term liabilities ($149.6M).
Long Term Liabilities: MHC.U's short term assets ($21.2M) do not cover its long term liabilities ($376.3M).
Debt to Equity History and Analysis
Debt Level: MHC.U's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: Insufficient data to determine if MHC.U's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MHC.U's debt is not well covered by operating cash flow (10%).
Interest Coverage: MHC.U's interest payments on its debt are not well covered by EBIT (1.9x coverage).