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$472.8M and total debt of CA$492.4M, which brings its debt-to-equity ratio to 104.1%. Its total assets and total liabilities are CA$990.2M and CA$517.4M respectively. Pro Real Estate Investment Trust's EBIT is CA$48.7M making its interest coverage ratio 2. It has cash and short-term investments of CA$8.9M.
Key information
104.1%
Debt to equity ratio
CA$492.42m
Debt
| Interest coverage ratio | 2x |
| Cash | CA$8.87m |
| Equity | CA$472.81m |
| Total liabilities | CA$517.39m |
| Total assets | CA$990.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRV.UN's short term assets (CA$21.4M) do not cover its short term liabilities (CA$107.6M).
Long Term Liabilities: PRV.UN's short term assets (CA$21.4M) do not cover its long term liabilities (CA$409.7M).
Debt to Equity History and Analysis
Debt Level: PRV.UN's net debt to equity ratio (102.3%) is considered high.
Reducing Debt: PRV.UN's debt to equity ratio has reduced from 174.3% to 104.1% 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 (2x coverage).