Melcor Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Melcor Real Estate Investment Trust has a total shareholder equity of CA$174.8M and total debt of CA$481.7M, which brings its debt-to-equity ratio to 275.5%. Its total assets and total liabilities are CA$673.2M and CA$498.3M respectively. Melcor Real Estate Investment Trust's EBIT is CA$37.1M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$4.0M.
Key information
275.5%
Debt to equity ratio
CA$481.73m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$3.97m |
| Equity | CA$174.84m |
| Total liabilities | CA$498.35m |
| Total assets | CA$673.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MR.UN's short term assets (CA$65.4M) do not cover its short term liabilities (CA$263.8M).
Long Term Liabilities: MR.UN's short term assets (CA$65.4M) do not cover its long term liabilities (CA$234.6M).
Debt to Equity History and Analysis
Debt Level: MR.UN's net debt to equity ratio (273.3%) is considered high.
Reducing Debt: MR.UN's debt to equity ratio has increased from 264.1% to 275.5% over the past 5 years.
Debt Coverage: MR.UN's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: MR.UN's interest payments on its debt are not well covered by EBIT (1.5x coverage).