Pro Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Pro Real Estate Investment Trust has a total shareholder equity of CA$488.0M and total debt of CA$521.7M, which brings its debt-to-equity ratio to 106.9%. Its total assets and total liabilities are CA$1.0B and CA$546.6M respectively. Pro Real Estate Investment Trust's EBIT is CA$48.6M making its interest coverage ratio 2.1. It has cash and short-term investments of CA$13.3M.
Key information
106.9%
Debt to equity ratio
CA$521.72m
Debt
Interest coverage ratio | 2.1x |
Cash | CA$13.26m |
Equity | CA$488.03m |
Total liabilities | CA$546.56m |
Total assets | CA$1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRV.UN's short term assets (CA$19.4M) do not cover its short term liabilities (CA$84.0M).
Long Term Liabilities: PRV.UN's short term assets (CA$19.4M) do not cover its long term liabilities (CA$462.6M).
Debt to Equity History and Analysis
Debt Level: PRV.UN's net debt to equity ratio (104.2%) is considered high.
Reducing Debt: PRV.UN's debt to equity ratio has reduced from 169.6% to 106.9% over the past 5 years.
Debt Coverage: PRV.UN's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: PRV.UN's interest payments on its debt are not well covered by EBIT (2.1x coverage).