TSX:AX.PR.E - Post by User
Post by
Frankie10on Nov 10, 2024 4:09pm
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Post# 36305837
Debt to GBV of 39%
Debt to GBV of 39% Per my calc, debt to GBV is 51%. I have adjusted for equity accounted securities (including IRIS prefs), including pref units as debt, and adjusting for $113m of unconditional sales at sept 30). You can see work here:
https://x.com/alphafortuna10/status/1855272781832761791?s=46
In my opinion, balance sheet is in a very good place...
I think Samir sells properties opertunistically moving forward.