Alexander's Balance Sheet Health
Financial Health criteria checks 2/6
Alexander's has a total shareholder equity of $230.1M and total debt of $1.1B, which brings its debt-to-equity ratio to 474.9%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $90.5M making its interest coverage ratio 2.4. It has cash and short-term investments of $545.0M.
Key information
474.9%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 2.4x |
Cash | US$545.01m |
Equity | US$230.14m |
Total liabilities | US$1.16b |
Total assets | US$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXE's short term assets ($687.3M) exceed its short term liabilities ($547.1M).
Long Term Liabilities: AXE's short term assets ($687.3M) exceed its long term liabilities ($614.1M).
Debt to Equity History and Analysis
Debt Level: AXE's net debt to equity ratio (238.1%) is considered high.
Reducing Debt: AXE's debt to equity ratio has increased from 345.5% to 474.9% over the past 5 years.
Debt Coverage: AXE's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: AXE's interest payments on its debt are not well covered by EBIT (2.4x coverage).