CT Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
CT Real Estate Investment Trust has a total shareholder equity of CA$3.9B and total debt of CA$2.9B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are CA$7.0B and CA$3.1B respectively. CT Real Estate Investment Trust's EBIT is CA$426.8M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$50.3M.
Key information
73.8%
Debt to equity ratio
CA$2.88b
Debt
Interest coverage ratio | 3.7x |
Cash | CA$50.27m |
Equity | CA$3.90b |
Total liabilities | CA$3.13b |
Total assets | CA$7.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTRR.F's short term assets (CA$66.9M) do not cover its short term liabilities (CA$345.4M).
Long Term Liabilities: CTRR.F's short term assets (CA$66.9M) do not cover its long term liabilities (CA$2.8B).
Debt to Equity History and Analysis
Debt Level: CTRR.F's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: CTRR.F's debt to equity ratio has reduced from 82.7% to 73.8% over the past 5 years.
Debt Coverage: CTRR.F's debt is not well covered by operating cash flow (15%).
Interest Coverage: CTRR.F's interest payments on its debt are well covered by EBIT (3.7x coverage).