Firm Capital Property Trust Balance Sheet Health
Financial Health criteria checks 1/6
Firm Capital Property Trust has a total shareholder equity of CA$305.4M and total debt of CA$334.9M, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are CA$652.7M and CA$347.3M respectively. Firm Capital Property Trust's EBIT is CA$33.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$7.3M.
Key information
109.7%
Debt to equity ratio
CA$334.90m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$7.31m |
| Equity | CA$305.43m |
| Total liabilities | CA$347.27m |
| Total assets | CA$652.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRMU.F's short term assets (CA$21.6M) do not cover its short term liabilities (CA$55.7M).
Long Term Liabilities: FRMU.F's short term assets (CA$21.6M) do not cover its long term liabilities (CA$291.6M).
Debt to Equity History and Analysis
Debt Level: FRMU.F's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: FRMU.F's debt to equity ratio has reduced from 135.5% to 109.7% over the past 5 years.
Debt Coverage: FRMU.F's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: FRMU.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).