Alexander's Balance Sheet Health
Financial Health criteria checks 1/6
Alexander's has a total shareholder equity of $190.7M and total debt of $988.0M, which brings its debt-to-equity ratio to 518.1%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $89.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $361.9M.
Key information
518.1%
Debt to equity ratio
US$987.98m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$361.90m |
| Equity | US$190.69m |
| Total liabilities | US$1.17b |
| Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXE's short term assets ($522.0M) exceed its short term liabilities ($351.4M).
Long Term Liabilities: AXE's short term assets ($522.0M) do not cover its long term liabilities ($822.9M).
Debt to Equity History and Analysis
Debt Level: AXE's net debt to equity ratio (328.3%) is considered high.
Reducing Debt: AXE's debt to equity ratio has increased from 370% to 518.1% over the past 5 years.
Debt Coverage: AXE's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: AXE's interest payments on its debt are not well covered by EBIT (2.2x coverage).