Simon Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Simon Property Group has a total shareholder equity of $3.8B and total debt of $25.5B, which brings its debt-to-equity ratio to 678.3%. Its total assets and total liabilities are $33.7B and $29.9B respectively. Simon Property Group's EBIT is $2.9B making its interest coverage ratio 3.3. It has cash and short-term investments of $1.3B.
Key information
678.3%
Debt to equity ratio
US$25.52b
Debt
Interest coverage ratio | 3.3x |
Cash | US$1.25b |
Equity | US$3.76b |
Total liabilities | US$29.93b |
Total assets | US$33.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPGR's short term assets ($2.1B) do not cover its short term liabilities ($3.3B).
Long Term Liabilities: SPGR's short term assets ($2.1B) do not cover its long term liabilities ($26.6B).
Debt to Equity History and Analysis
Debt Level: SPGR's net debt to equity ratio (645.1%) is considered high.
Reducing Debt: SPGR's debt to equity ratio has increased from 590.6% to 678.3% over the past 5 years.
Debt Coverage: SPGR's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: SPGR's interest payments on its debt are well covered by EBIT (3.3x coverage).