AvalonBay Communities Balance Sheet Health
Financial Health criteria checks 2/6
AvalonBay Communities has a total shareholder equity of $11.7B and total debt of $8.0B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are $20.6B and $8.9B respectively. AvalonBay Communities's EBIT is $920.1M making its interest coverage ratio 4.5. It has cash and short-term investments of $300.3M.
Key information
68.1%
Debt to equity ratio
US$7.98b
Debt
Interest coverage ratio | 4.5x |
Cash | US$300.28m |
Equity | US$11.72b |
Total liabilities | US$8.93b |
Total assets | US$20.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1VB34's short term assets ($860.9M) exceed its short term liabilities ($726.6M).
Long Term Liabilities: A1VB34's short term assets ($860.9M) do not cover its long term liabilities ($8.2B).
Debt to Equity History and Analysis
Debt Level: A1VB34's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: A1VB34's debt to equity ratio has increased from 65.6% to 68.1% over the past 5 years.
Debt Coverage: A1VB34's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: A1VB34's interest payments on its debt are well covered by EBIT (4.5x coverage).