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 1.6. 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 | 1.6x |
| 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 (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Melcor Real Estate Investment Trust is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jenny Ma | BMO Capital Markets Equity Research |
| Jenny Ma | Canaccord Genuity |
| Dean Wilkinson | CIBC Capital Markets |