Essential Properties Realty Trust Balance Sheet Health
Financial Health criteria checks 2/6
Essential Properties Realty Trust has a total shareholder equity of $3.2B and total debt of $1.7B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are $5.0B and $1.8B respectively. Essential Properties Realty Trust's EBIT is $236.3M making its interest coverage ratio 4.4. It has cash and short-term investments of $79.2M.
Key information
51.7%
Debt to equity ratio
US$1.68b
Debt
Interest coverage ratio | 4.4x |
Cash | US$79.16m |
Equity | US$3.25b |
Total liabilities | US$1.77b |
Total assets | US$5.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2OU's short term assets ($214.4M) exceed its short term liabilities ($68.6M).
Long Term Liabilities: 2OU's short term assets ($214.4M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 2OU's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 2OU's debt to equity ratio has increased from 48.6% to 51.7% over the past 5 years.
Debt Coverage: 2OU's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 2OU's interest payments on its debt are well covered by EBIT (4.4x coverage).