Empire State Realty Trust Balance Sheet Health
Financial Health criteria checks 1/6
Empire State Realty Trust has a total shareholder equity of $1.8B and total debt of $2.5B, which brings its debt-to-equity ratio to 139.9%. Its total assets and total liabilities are $4.4B and $2.7B respectively. Empire State Realty Trust's EBIT is $156.5M making its interest coverage ratio 1.8. It has cash and short-term investments of $421.9M.
Key information
139.9%
Debt to equity ratio
US$2.46b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$421.90m |
| Equity | US$1.76b |
| Total liabilities | US$2.68b |
| Total assets | US$4.44b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ES9's short term assets ($993.2M) exceed its short term liabilities ($183.2M).
Long Term Liabilities: ES9's short term assets ($993.2M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ES9's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: ES9's debt to equity ratio has increased from 87.5% to 139.9% over the past 5 years.
Debt Coverage: ES9's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: ES9's interest payments on its debt are not well covered by EBIT (1.8x coverage).