Alaris Equity Partners Income Trust Balance Sheet Health
Financial Health criteria checks 2/6
Alaris Equity Partners Income Trust has a total shareholder equity of CA$960.8M and total debt of CA$403.2M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are CA$1.5B and CA$514.1M respectively. Alaris Equity Partners Income Trust's EBIT is CA$202.4M making its interest coverage ratio 6.4. It has cash and short-term investments of CA$15.2M.
Key information
42.0%
Debt to equity ratio
CA$403.18m
Debt
Interest coverage ratio | 6.4x |
Cash | CA$15.18m |
Equity | CA$960.82m |
Total liabilities | CA$514.07m |
Total assets | CA$1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5UK's short term assets (CA$48.3M) do not cover its short term liabilities (CA$124.4M).
Long Term Liabilities: 5UK's short term assets (CA$48.3M) do not cover its long term liabilities (CA$389.7M).
Debt to Equity History and Analysis
Debt Level: 5UK's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: 5UK's debt to equity ratio has increased from 35.9% to 42% over the past 5 years.
Debt Coverage: 5UK's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 5UK's interest payments on its debt are well covered by EBIT (6.4x coverage).