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$985.4M and total debt of CA$63.2M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CA$1.1B and CA$88.0M respectively. Alaris Equity Partners Income Trust's EBIT is CA$208.7M making its interest coverage ratio 8. It has cash and short-term investments of CA$13.5M.
Key information
6.4%
Debt to equity ratio
CA$63.24m
Debt
Interest coverage ratio | 8x |
Cash | CA$13.46m |
Equity | CA$985.42m |
Total liabilities | CA$87.99m |
Total assets | CA$1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADLR.F's short term assets (CA$15.5M) do not cover its short term liabilities (CA$23.6M).
Long Term Liabilities: ADLR.F's short term assets (CA$15.5M) do not cover its long term liabilities (CA$64.4M).
Debt to Equity History and Analysis
Debt Level: ADLR.F's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: ADLR.F's debt to equity ratio has reduced from 36.8% to 6.4% over the past 5 years.
Debt Coverage: ADLR.F's debt is well covered by operating cash flow (125.7%).
Interest Coverage: ADLR.F's interest payments on its debt are well covered by EBIT (8x coverage).