First Industrial Realty Trust Balance Sheet Health
Financial Health criteria checks 3/6
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 80.3%. Its total assets and total liabilities are $5.2B and $2.5B respectively. First Industrial Realty Trust's EBIT is $267.2M making its interest coverage ratio 3.1. It has cash and short-term investments of $47.1M.
Key information
80.3%
Debt to equity ratio
US$2.18b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$47.12m |
| Equity | US$2.71b |
| Total liabilities | US$2.49b |
| Total assets | US$5.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F5W's short term assets ($233.9M) exceed its short term liabilities ($193.8M).
Long Term Liabilities: F5W's short term assets ($233.9M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: F5W's net debt to equity ratio (78.6%) is considered high.
Reducing Debt: F5W's debt to equity ratio has reduced from 82% to 80.3% over the past 5 years.
Debt Coverage: F5W's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: F5W's interest payments on its debt are well covered by EBIT (3.1x coverage).