Alexander's Balance Sheet Health
Financial Health criteria checks 1/6
Alexander's has a total shareholder equity of $237.7M and total debt of $1.1B, which brings its debt-to-equity ratio to 459.7%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $84.5M making its interest coverage ratio 2.3. It has cash and short-term investments of $554.5M.
Key information
459.7%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 2.3x |
Cash | US$554.46m |
Equity | US$237.66m |
Total liabilities | US$1.17b |
Total assets | US$1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXE's short term assets ($706.5M) exceed its short term liabilities ($53.3M).
Long Term Liabilities: AXE's short term assets ($706.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AXE's net debt to equity ratio (226.4%) is considered high.
Reducing Debt: AXE's debt to equity ratio has increased from 338.8% to 459.7% over the past 5 years.
Debt Coverage: AXE's debt is not well covered by operating cash flow (10%).
Interest Coverage: AXE's interest payments on its debt are not well covered by EBIT (2.3x coverage).