Simon Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Simon Property Group has a total shareholder equity of $3.7B and total debt of $26.0B, which brings its debt-to-equity ratio to 706%. Its total assets and total liabilities are $34.3B and $30.6B respectively. Simon Property Group's EBIT is $2.8B making its interest coverage ratio 3.3. It has cash and short-term investments of $1.2B.
Key information
706.0%
Debt to equity ratio
US$26.03b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$1.17b |
| Equity | US$3.69b |
| Total liabilities | US$30.60b |
| Total assets | US$34.28b |
Recent financial health updates
No updates
Recent updates
Simon Property: Time To Take Some Profit
Apr 21I Added Simon Property Group's 5.4% Dividend Yield To My Shopping
Apr 15Simon Property Group: I'd Be Careful Here Due To Valuation (Rating Downgrade)
Mar 24Simon Property Group: Strong Fundamentals Make This REIT A Buy And Hold
Mar 18Simon Property Group: Not Ready To Pull The Trigger
Feb 09Simon Property: The Upside Is Still Attractive, So It's A Buy
Jan 23Simon Property Group: Simon Says 'Hold'
Dec 26Buy Simon Property Group For The Future Yield
Dec 19Simon Property Group Likely To Face Headwinds But Remains A BUY
Dec 01Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive
Oct 31Simon Property Group: Malls Are Not Dead
Oct 25Simon Property Group: Closing In On Sub-$100
Oct 10Simon Property Group: One Of The Best 7% Dividend Yields
Oct 04Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020
Sep 21Simon Property: Solid Performer With Significant Potential Upside
Sep 12Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown
Sep 01Simon Property Group: The Yield Will Get Fatter
Aug 03Simon Property Group: A Fine REIT, But Better Alternatives Exist
Jul 14Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)
Jun 26The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group
Jun 13Simon Property Group: Interesting Undervaluation Levels Once Again
Jun 06Simon Property: A 7.2% Yield For Cheap, I'm Jumping In
May 27Why I Sold Simon Property Group - Again
Feb 19Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M
Feb 06Simon Property: The Bulls Will Likely Prevail
Dec 25Simon Property: Cheaply Valued For The Long Run
Dec 15Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued
Nov 11Simon Property Group Benefits From A Changing Real Estate Model
Oct 31Simon Property launches its own American Express card with Cardless
Oct 18Simon Property Group: The Mall Is Dead, Long Live The Mall
Oct 11Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does
Sep 12Simon Property Group: A Switch Makes Sense
Aug 25Simon Property Group: This Price Is Just Plain Silly
Aug 18Simon Property raises dividend by 6% to $1.75
Aug 01Simon Property Group: Pessimism Has Gone Too Far
Jul 18Simon Property Group: My Oh My, A Mall REIT Buy?
Jul 07Simon Property Group: It's A Buy Now!
Jun 30Simon Property: One Of The Best Yields Out There
Jun 13Simon Property: Buy Signal From 4% Yield Spread
May 28Financial Position Analysis
Short Term Liabilities: SPG's short term assets ($2.4B) do not cover its short term liabilities ($6.5B).
Long Term Liabilities: SPG's short term assets ($2.4B) do not cover its long term liabilities ($24.1B).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (674.3%) is considered high.
Reducing Debt: SPG's debt to equity ratio has increased from 578.7% to 706% over the past 5 years.
Debt Coverage: SPG's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (3.3x coverage).