Alaris Equity Partners Income Trust Balance Sheet Health
Financial Health criteria checks 4/6
Alaris Equity Partners Income Trust has a total shareholder equity of CA$1.0B and total debt of CA$63.5M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CA$1.1B and CA$93.2M respectively. Alaris Equity Partners Income Trust's EBIT is CA$174.1M making its interest coverage ratio 13.3. It has cash and short-term investments of CA$9.0M.
Key information
6.1%
Debt to equity ratio
CA$63.51m
Debt
| Interest coverage ratio | 13.3x |
| Cash | CA$9.01m |
| Equity | CA$1.04b |
| Total liabilities | CA$93.24m |
| Total assets | CA$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5UK's short term assets (CA$10.3M) do not cover its short term liabilities (CA$28.1M).
Long Term Liabilities: 5UK's short term assets (CA$10.3M) do not cover its long term liabilities (CA$65.1M).
Debt to Equity History and Analysis
Debt Level: 5UK's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 5UK's debt to equity ratio has reduced from 55.5% to 6.1% over the past 5 years.
Debt Coverage: 5UK's debt is well covered by operating cash flow (116.3%).
Interest Coverage: 5UK's interest payments on its debt are well covered by EBIT (13.3x coverage).