Equity LifeStyle Properties Balance Sheet Health
Financial Health criteria checks 1/6
Equity LifeStyle Properties has a total shareholder equity of $1.5B and total debt of $3.5B, which brings its debt-to-equity ratio to 234.8%. Its total assets and total liabilities are $5.6B and $4.1B respectively. Equity LifeStyle Properties's EBIT is $460.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $10.3M.
Key information
234.8%
Debt to equity ratio
US$3.52b
Debt
Interest coverage ratio | 3.5x |
Cash | US$10.30m |
Equity | US$1.50b |
Total liabilities | US$4.12b |
Total assets | US$5.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E2LS34's short term assets ($85.9M) do not cover its short term liabilities ($232.5M).
Long Term Liabilities: E2LS34's short term assets ($85.9M) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: E2LS34's net debt to equity ratio (234.1%) is considered high.
Reducing Debt: E2LS34's debt to equity ratio has increased from 196.8% to 234.8% over the past 5 years.
Debt Coverage: E2LS34's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: E2LS34's interest payments on its debt are well covered by EBIT (3.5x coverage).