Pro Real Estate Investment Trust

TSX:PRV.UN Stock Report

Market Cap: CA$311.7m

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$472.1M and total debt of CA$501.1M, which brings its debt-to-equity ratio to 106.1%. Its total assets and total liabilities are CA$1.0B and CA$529.5M respectively. Pro Real Estate Investment Trust's EBIT is CA$50.2M making its interest coverage ratio 2.1. It has cash and short-term investments of CA$11.6M.

Key information

106.1%

Debt to equity ratio

CA$501.06m

Debt

Interest coverage ratio2.1x
CashCA$11.55m
EquityCA$472.08m
Total liabilitiesCA$529.50m
Total assetsCA$1.00b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PRV.UN's short term assets (CA$19.0M) do not cover its short term liabilities (CA$117.6M).

Long Term Liabilities: PRV.UN's short term assets (CA$19.0M) do not cover its long term liabilities (CA$411.9M).


Debt to Equity History and Analysis

Debt Level: PRV.UN's net debt to equity ratio (103.7%) is considered high.

Reducing Debt: PRV.UN's debt to equity ratio has reduced from 176.7% to 106.1% over the past 5 years.

Debt Coverage: PRV.UN's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: PRV.UN's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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