Four Corners Property Trust Balance Sheet Health
Financial Health criteria checks 1/6
Four Corners Property Trust has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are $2.6B and $1.2B respectively. Four Corners Property Trust's EBIT is $147.3M making its interest coverage ratio 3. It has cash and short-term investments of $59.0M.
Key information
84.1%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | 3x |
| Cash | US$58.99m |
| Equity | US$1.35b |
| Total liabilities | US$1.21b |
| Total assets | US$2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Z1's short term assets ($132.5M) do not cover its short term liabilities ($206.0M).
Long Term Liabilities: 4Z1's short term assets ($132.5M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 4Z1's net debt to equity ratio (79.8%) is considered high.
Reducing Debt: 4Z1's debt to equity ratio has reduced from 92.2% to 84.1% over the past 5 years.
Debt Coverage: 4Z1's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 4Z1's interest payments on its debt are not well covered by EBIT (3x coverage).