Minto Apartment REITMIAPF -0.32%48 Interest Coverage is 2.28 as of Mar. 2026, which is 29% below its 10-year median of 3.23. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 700 REITs companies, Minto Apartment REIT ranks worse than 54.14% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Minto Apartment REIT's
Operating Income
for the
three
months ended in Mar. 2026 was $12.8 Mil. Minto Apartment REIT's Interest Expense for the
three
months ended in Mar. 2026 was $-5.6 Mil.
Minto Apartment REIT's interest coverage for the quarter that ended in Mar. 2026 was 2.28.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Minto Apartment REIT interest coverage is 2.81, which is low.
The historical rank and industry rank for Minto Apartment REIT's Interest Coverage or its related term are showing as below:
MIAPF'
s Interest Coverage Range Over the Past 10 Years
Min: 2.31 Med: 3.23 Max: 4.76
Current: 2.81
MIAPF's Interest Coverage is ranked worse than 54.14% of 700
companies
in the REITs industry
Industry Median: 3.095
vs MIAPF: 2.81
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Minto Apartment REIT Interest Coverage Related Terms
Minto Apartment REIT Interest Coverage Historical Data
* Premium members only.
The historical data trend for Minto Apartment REIT's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MIAPF vs AVB, EQR, ESS: Interest Coverage Comparison
For the REIT - Residential subindustry, Minto Apartment REIT's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Minto Apartment REIT Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Minto Apartment REIT's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Minto Apartment REIT's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Minto Apartment REIT (MIAPF) has a Interest Coverage of 2.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minto Apartment REIT and its competitors. This is 29% below median its historical median of 3.23. Over the past decade, Minto Apartment REIT's Interest Coverage has ranged from 2.31 to 4.76. According to the industry distribution chart, Minto Apartment REIT ranks #379 out of 700 companies in the REITs industry, placing it in the top 54.1%.
Is Minto Apartment REIT's Interest Coverage too high?
Minto Apartment REIT's current Interest Coverage of 2.28 is 29% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 4.76. The REITs industry median Interest Coverage is 3.10. Minto Apartment REIT's value of 2.28 is 26.3% below this industry median. Based on the distribution chart, Minto Apartment REIT ranks #379 out of 700 companies in the REITs industry, which is below the industry midpoint. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Interest Coverage compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #379 out of 700 companies for Interest Coverage. This places Minto Apartment REIT in the lower half of its industry. The industry median Interest Coverage is 3.10. Minto Apartment REIT's value of 2.28 is 26.3% below this benchmark. Historically, Minto Apartment REIT's own Interest Coverage has ranged from 2.31 to 4.76 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 3.10, Minto Apartment REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minto Apartment REIT's current Interest Coverage of 2.28 is 26.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minto Apartment REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minto Apartment REIT's current Interest Coverage is 2.28, which is 29% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Interest Coverage is 2.28, which is 29% below median its 10-year median of 3.23 and 26.3% below the REITs industry median of 3.10. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Minto Apartment REIT (MIAPF), the current Interest Coverage is 2.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Minto Apartment REIT (MIAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued.
The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64.
GuruFocus considers Minto Apartment REIT to be Fairly Valued.
Key valuation signals for MIAPF:
Interest Coverage: 2.28 (29% below median its 10-year median of 3.23)
GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
Industry Position: 26.3% below the REITs median (#379 of 700)
No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score
Get the complete analysis for MIAPF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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