Minto Apartment Real Estate Investment Trust Financial Health
How is Minto Apartment Real Estate Investment Trust's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
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).