Minto Apartment Real Estate Investment Trust

TSX:MI.UN Stock Report

Mkt Cap: CA$854.5m

Minto Apartment Real Estate Investment Trust Financial Health

How is Minto Apartment Real Estate Investment Trust's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MI.UN's short term assets (CA$103.8M) do not cover its short term liabilities (CA$244.5M).

Long Term Liabilities: MI.UN's short term assets (CA$103.8M) do not cover its long term liabilities (CA$1.2B).


Debt to Equity History and Analysis

Debt Level: MI.UN's net debt to equity ratio (87.8%) is considered high.

Reducing Debt: MI.UN's debt to equity ratio has reduced from 107.3% to 88.2% over the past 5 years.

Debt Coverage: MI.UN's debt is not well covered by operating cash flow (7.2%).

Interest Coverage: MI.UN's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


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