First Industrial Realty Trust Balance Sheet Health
Financial Health criteria checks 1/6
First Industrial Realty Trust has a total shareholder equity of $2.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are $5.2B and $2.5B respectively. First Industrial Realty Trust's EBIT is $246.1M making its interest coverage ratio 3. It has cash and short-term investments of $48.9M.
Key information
83.5%
Debt to equity ratio
US$2.23b
Debt
Interest coverage ratio | 3x |
Cash | US$48.88m |
Equity | US$2.67b |
Total liabilities | US$2.53b |
Total assets | US$5.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F5W's short term assets ($244.2M) exceed its short term liabilities ($166.9M).
Long Term Liabilities: F5W's short term assets ($244.2M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: F5W's net debt to equity ratio (81.7%) is considered high.
Reducing Debt: F5W's debt to equity ratio has increased from 79.9% to 83.5% over the past 5 years.
Debt Coverage: F5W's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: F5W's interest payments on its debt are not well covered by EBIT (3x coverage).