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$48.0M making its interest coverage ratio 2. 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 ratio | 2x |
Cash | CA$11.55m |
Equity | CA$472.08m |
Total liabilities | CA$529.50m |
Total assets | CA$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 (2x coverage).