Flagship Communities Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 0/6
Flagship Communities Real Estate Investment Trust has a total shareholder equity of $542.6M and total debt of $494.5M, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are $1.1B and $510.1M respectively. Flagship Communities Real Estate Investment Trust's EBIT is $41.5M making its interest coverage ratio 2.1. It has cash and short-term investments of $13.9M.
Key information
91.1%
Debt to equity ratio
US$494.49m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$13.89m |
| Equity | US$542.55m |
| Total liabilities | US$510.06m |
| Total assets | US$1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHCU.F's short term assets ($23.1M) do not cover its short term liabilities ($133.2M).
Long Term Liabilities: MHCU.F's short term assets ($23.1M) do not cover its long term liabilities ($376.8M).
Debt to Equity History and Analysis
Debt Level: MHCU.F's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: Insufficient data to determine if MHCU.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MHCU.F's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: MHCU.F's interest payments on its debt are not well covered by EBIT (2.1x coverage).