Lanesborough Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Lanesborough Real Estate Investment Trust has a total shareholder equity of CA$-149.4M and total debt of CA$229.7M, which brings its debt-to-equity ratio to -153.8%. Its total assets and total liabilities are CA$90.5M and CA$239.9M respectively. Lanesborough Real Estate Investment Trust's EBIT is CA$2.7M making its interest coverage ratio 0.2. It has cash and short-term investments of CA$470.2K.
Key information
-153.8%
Debt to equity ratio
CA$229.66m
Debt
Interest coverage ratio | 0.2x |
Cash | CA$470.21k |
Equity | -CA$149.36m |
Total liabilities | CA$239.86m |
Total assets | CA$90.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRT.UN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LRT.UN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LRT.UN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LRT.UN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LRT.UN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LRT.UN's interest payments on its debt are not well covered by EBIT (0.2x coverage).