Dream Industrial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Dream Industrial Real Estate Investment Trust has a total shareholder equity of CA$4.7B and total debt of CA$3.0B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are CA$8.1B and CA$3.4B respectively. Dream Industrial Real Estate Investment Trust's EBIT is CA$340.6M making its interest coverage ratio 3.2. It has cash and short-term investments of CA$79.6M.
Key information
64.4%
Debt to equity ratio
CA$3.00b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CA$79.58m |
| Equity | CA$4.66b |
| Total liabilities | CA$3.42b |
| Total assets | CA$8.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6MS's short term assets (CA$120.6M) do not cover its short term liabilities (CA$379.6M).
Long Term Liabilities: 6MS's short term assets (CA$120.6M) do not cover its long term liabilities (CA$3.0B).
Debt to Equity History and Analysis
Debt Level: 6MS's net debt to equity ratio (62.7%) is considered high.
Reducing Debt: 6MS's debt to equity ratio has reduced from 66.3% to 64.4% over the past 5 years.
Debt Coverage: 6MS's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 6MS's interest payments on its debt are well covered by EBIT (3.2x coverage).