H&R Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
H&R Real Estate Investment Trust has a total shareholder equity of CA$4.9B and total debt of CA$3.7B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are CA$10.2B and CA$5.3B respectively. H&R Real Estate Investment Trust's EBIT is CA$555.2M making its interest coverage ratio 2.2. It has cash and short-term investments of CA$82.7M.
Key information
76.0%
Debt to equity ratio
CA$3.75b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$82.74m |
| Equity | CA$4.93b |
| Total liabilities | CA$5.29b |
| Total assets | CA$10.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRUF.F's short term assets (CA$198.0M) do not cover its short term liabilities (CA$754.4M).
Long Term Liabilities: HRUF.F's short term assets (CA$198.0M) do not cover its long term liabilities (CA$4.5B).
Debt to Equity History and Analysis
Debt Level: HRUF.F's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: HRUF.F's debt to equity ratio has reduced from 93.7% to 76% over the past 5 years.
Debt Coverage: HRUF.F's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: HRUF.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).