SmartCentres Real Estate Investment Trust

TSX:SRU.UN Stock Report

Mkt Cap: CA$4.3b

SmartCentres Real Estate Investment Trust Financial Health

Financial Health criteria checks 2/6

SmartCentres Real Estate Investment Trust has a total shareholder equity of CA$6.2B and total debt of CA$5.0B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are CA$11.7B and CA$5.5B respectively. SmartCentres Real Estate Investment Trust's EBIT is CA$517.1M making its interest coverage ratio 3.6. It has cash and short-term investments of CA$32.6M.

Key information

80.0%

Debt to equity ratio

CA$4.96b

Debt

Interest coverage ratio3.6x
CashCA$32.64m
EquityCA$6.20b
Total liabilitiesCA$5.52b
Total assetsCA$11.72b

Recent financial health updates

No updates

Recent updates

Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

Feb 22
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Mar 13
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

Mar 02
What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Feb 04
SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Dec 27
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

Dec 11
Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

Aug 28
The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

Jul 30
What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

Financial Position Analysis

Short Term Liabilities: SRU.UN's short term assets (CA$159.8M) do not cover its short term liabilities (CA$795.7M).

Long Term Liabilities: SRU.UN's short term assets (CA$159.8M) do not cover its long term liabilities (CA$4.7B).

Debt to Equity History and Analysis

Debt Level: SRU.UN's net debt to equity ratio (79.4%) is considered high.

Reducing Debt: SRU.UN's debt to equity ratio has reduced from 86.9% to 80% over the past 5 years.

Debt Coverage: SRU.UN's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: SRU.UN's interest payments on its debt are well covered by EBIT (3.6x coverage).

Balance Sheet

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