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 $436.1M and total debt of $452.4M, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are $902.6M and $466.5M respectively. Flagship Communities Real Estate Investment Trust's EBIT is $37.4M making its interest coverage ratio 2.1. It has cash and short-term investments of $7.8M.
Key information
103.7%
Debt to equity ratio
US$452.41m
Debt
Interest coverage ratio | 2.1x |
Cash | US$7.81m |
Equity | US$436.07m |
Total liabilities | US$466.53m |
Total assets | US$902.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHC.U's short term assets ($15.9M) do not cover its short term liabilities ($45.3M).
Long Term Liabilities: MHC.U's short term assets ($15.9M) do not cover its long term liabilities ($421.2M).
Debt to Equity History and Analysis
Debt Level: MHC.U's net debt to equity ratio (102%) 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 (8.7%).
Interest Coverage: MHC.U's interest payments on its debt are not well covered by EBIT (2.1x coverage).