Madison Pacific Properties Balance Sheet Health
Financial Health criteria checks 2/6
Madison Pacific Properties has a total shareholder equity of CA$482.9M and total debt of CA$283.8M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are CA$834.1M and CA$351.2M respectively. Madison Pacific Properties's EBIT is CA$40.0M making its interest coverage ratio 7.4. It has cash and short-term investments of CA$25.3M.
Key information
58.8%
Debt to equity ratio
CA$283.81m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CA$25.32m |
| Equity | CA$482.89m |
| Total liabilities | CA$351.25m |
| Total assets | CA$834.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDPC.F's short term assets (CA$28.6M) do not cover its short term liabilities (CA$94.5M).
Long Term Liabilities: MDPC.F's short term assets (CA$28.6M) do not cover its long term liabilities (CA$256.8M).
Debt to Equity History and Analysis
Debt Level: MDPC.F's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: MDPC.F's debt to equity ratio has reduced from 65.7% to 58.8% over the past 5 years.
Debt Coverage: MDPC.F's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: MDPC.F's interest payments on its debt are well covered by EBIT (7.4x coverage).