Canadian Net Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Canadian Net Real Estate Investment Trust has a total shareholder equity of CA$129.5M and total debt of CA$171.9M, which brings its debt-to-equity ratio to 132.8%. Its total assets and total liabilities are CA$308.4M and CA$178.9M respectively. Canadian Net Real Estate Investment Trust's EBIT is CA$20.9M making its interest coverage ratio 2.9. It has cash and short-term investments of CA$987.7K.
Key information
132.8%
Debt to equity ratio
CA$171.93m
Debt
Interest coverage ratio | 2.9x |
Cash | CA$987.72k |
Equity | CA$129.49m |
Total liabilities | CA$178.86m |
Total assets | CA$308.35m |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease
Nov 20The CEO Of Fronsac Real Estate Investment Trust (CVE:FRO.UN) Might See A Pay Rise On The Horizon
May 15Here's Why I Think Fronsac Real Estate Investment Trust (CVE:FRO.UN) Is An Interesting Stock
Mar 08Is Fronsac Real Estate Investment Trust's (CVE:FRO.UN) 10% ROE Better Than Average?
Feb 01Financial Position Analysis
Short Term Liabilities: NET.UN's short term assets (CA$8.2M) do not cover its short term liabilities (CA$35.7M).
Long Term Liabilities: NET.UN's short term assets (CA$8.2M) do not cover its long term liabilities (CA$143.2M).
Debt to Equity History and Analysis
Debt Level: NET.UN's net debt to equity ratio (132%) is considered high.
Reducing Debt: NET.UN's debt to equity ratio has reduced from 133.1% to 132.8% over the past 5 years.
Debt Coverage: NET.UN's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: NET.UN's interest payments on its debt are not well covered by EBIT (2.9x coverage).