SITE Centers Balance Sheet Health
Financial Health criteria checks 3/6
SITE Centers has a total shareholder equity of $2.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are $4.0B and $1.7B respectively. SITE Centers's EBIT is $125.1M making its interest coverage ratio 2.1. It has cash and short-term investments of $1.2B.
Key information
64.8%
Debt to equity ratio
US$1.51b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$1.18b |
| Equity | US$2.33b |
| Total liabilities | US$1.71b |
| Total assets | US$4.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DDR's short term assets ($1.3B) exceed its short term liabilities ($159.9M).
Long Term Liabilities: DDR's short term assets ($1.3B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: DDR's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: DDR's debt to equity ratio has reduced from 91.7% to 64.8% over the past 5 years.
Debt Coverage: DDR's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: DDR's interest payments on its debt are not well covered by EBIT (2.1x coverage).