Artis Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Artis Real Estate Investment Trust has a total shareholder equity of CA$1.7B and total debt of CA$1.9B, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are CA$3.8B and CA$2.0B respectively. Artis Real Estate Investment Trust's EBIT is CA$104.8M making its interest coverage ratio 1.1. It has cash and short-term investments of CA$30.6M.
Key information
112.9%
Debt to equity ratio
CA$1.93b
Debt
Interest coverage ratio | 1.1x |
Cash | CA$30.63m |
Equity | CA$1.71b |
Total liabilities | CA$2.04b |
Total assets | CA$3.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5G6's short term assets (CA$914.2M) exceed its short term liabilities (CA$911.1M).
Long Term Liabilities: 5G6's short term assets (CA$914.2M) do not cover its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: 5G6's net debt to equity ratio (111.1%) is considered high.
Reducing Debt: 5G6's debt to equity ratio has increased from 109.2% to 112.9% over the past 5 years.
Debt Coverage: 5G6's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: 5G6's interest payments on its debt are not well covered by EBIT (1.1x coverage).