Dream Office Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Dream Office Real Estate Investment Trust has a total shareholder equity of CA$1.2B and total debt of CA$1.4B, which brings its debt-to-equity ratio to 115%. Its total assets and total liabilities are CA$2.7B and CA$1.5B respectively. Dream Office Real Estate Investment Trust's EBIT is CA$99.9M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$14.3M.
Key information
115.0%
Debt to equity ratio
CA$1.36b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$14.26m |
| Equity | CA$1.18b |
| Total liabilities | CA$1.48b |
| Total assets | CA$2.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9ZM's short term assets (CA$35.8M) do not cover its short term liabilities (CA$426.2M).
Long Term Liabilities: 9ZM's short term assets (CA$35.8M) do not cover its long term liabilities (CA$1.0B).
Debt to Equity History and Analysis
Debt Level: 9ZM's net debt to equity ratio (113.8%) is considered high.
Reducing Debt: 9ZM's debt to equity ratio has increased from 85.5% to 115% over the past 5 years.
Debt Coverage: 9ZM's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: 9ZM's interest payments on its debt are not well covered by EBIT (1.5x coverage).