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 $444.9M and total debt of $473.3M, which brings its debt-to-equity ratio to 106.4%. Its total assets and total liabilities are $932.4M and $487.5M respectively. Flagship Communities Real Estate Investment Trust's EBIT is $39.1M making its interest coverage ratio 2.1. It has cash and short-term investments of $17.9M.
Key information
106.4%
Debt to equity ratio
US$473.33m
Debt
Interest coverage ratio | 2.1x |
Cash | US$17.88m |
Equity | US$444.91m |
Total liabilities | US$487.53m |
Total assets | US$932.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHC.UN's short term assets ($26.8M) do not cover its short term liabilities ($110.3M).
Long Term Liabilities: MHC.UN's short term assets ($26.8M) do not cover its long term liabilities ($377.2M).
Debt to Equity History and Analysis
Debt Level: MHC.UN's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: Insufficient data to determine if MHC.UN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MHC.UN's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: MHC.UN's interest payments on its debt are not well covered by EBIT (2.1x coverage).