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$4.0B and total debt of CA$2.9B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are CA$7.1B and CA$3.1B respectively. CT Real Estate Investment Trust's EBIT is CA$432.2M making its interest coverage ratio 3.6. It has cash and short-term investments of CA$5.1M.
Key information
72.3%
Debt to equity ratio
CA$2.89b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CA$5.09m |
| Equity | CA$3.99b |
| Total liabilities | CA$3.10b |
| Total assets | CA$7.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTRR.F's short term assets (CA$31.2M) do not cover its short term liabilities (CA$571.1M).
Long Term Liabilities: CTRR.F's short term assets (CA$31.2M) do not cover its long term liabilities (CA$2.5B).
Debt to Equity History and Analysis
Debt Level: CTRR.F's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: CTRR.F's debt to equity ratio has reduced from 78.2% to 72.3% over the past 5 years.
Debt Coverage: CTRR.F's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: CTRR.F's interest payments on its debt are well covered by EBIT (3.6x coverage).