Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Debt-to-Revenue : 6.53 (As of Dec. 2023)

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What is Canadian Apartment Properties Real Estate Investment Trust Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Canadian Apartment Properties Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$651 Mil. Canadian Apartment Properties Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$6,454 Mil. Canadian Apartment Properties Real Estate Investment Trust's annualized Revenue for the quarter that ended in Dec. 2023 was C$1,089 Mil. Canadian Apartment Properties Real Estate Investment Trust's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 6.53.

Canadian Apartment Properties Real Estate Investment Trust Debt-to-Revenue Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Apartment Properties Real Estate Investment Trust Debt-to-Revenue Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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6.27

6.30

6.92

6.96

6.67

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															6.83	6.81	6.75	6.59	6.53

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue falls into.

Canadian Apartment Properties Real Estate Investment Trust Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Canadian Apartment Properties Real Estate Investment Trust's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(651.371	+	6453.928)	/	1065.317
	=	6.67

Canadian Apartment Properties Real Estate Investment Trust's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(651.371	+	6453.928)	/	1088.78
	=	6.53

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Canadian Apartment Properties Real Estate Investment Trust Debt-to-Revenue Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » Debt-to-Revenue

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Traded in Other Exchanges

CDPYF:USA CARUN:Mexico

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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