Empire State Realty Trust Balance Sheet Health
Financial Health criteria checks 1/6
Empire State Realty Trust has a total shareholder equity of $1.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 129.8%. Its total assets and total liabilities are $4.2B and $2.5B respectively. Empire State Realty Trust's EBIT is $160.3M making its interest coverage ratio 1.9. It has cash and short-term investments of $333.6M.
Key information
129.8%
Debt to equity ratio
US$2.24b
Debt
Interest coverage ratio | 1.9x |
Cash | US$333.57m |
Equity | US$1.72b |
Total liabilities | US$2.47b |
Total assets | US$4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ES9's short term assets ($757.2M) exceed its short term liabilities ($91.0M).
Long Term Liabilities: ES9's short term assets ($757.2M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: ES9's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: ES9's debt to equity ratio has increased from 98.1% to 129.8% over the past 5 years.
Debt Coverage: ES9's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ES9's interest payments on its debt are not well covered by EBIT (1.9x coverage).