Safehold Balance Sheet Health
Financial Health criteria checks 2/6
Safehold has a total shareholder equity of $2.3B and total debt of $4.1B, which brings its debt-to-equity ratio to 176.4%. Its total assets and total liabilities are $6.7B and $4.3B respectively. Safehold's EBIT is $293.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $11.3M.
Key information
176.4%
Debt to equity ratio
US$4.14b
Debt
Interest coverage ratio | 1.6x |
Cash | US$11.28m |
Equity | US$2.35b |
Total liabilities | US$4.33b |
Total assets | US$6.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J0W's short term assets ($5.3B) exceed its short term liabilities ($108.8M).
Long Term Liabilities: J0W's short term assets ($5.3B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: J0W's net debt to equity ratio (175.9%) is considered high.
Reducing Debt: J0W's debt to equity ratio has increased from 74.8% to 176.4% over the past 5 years.
Debt Coverage: J0W's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: J0W's interest payments on its debt are not well covered by EBIT (1.6x coverage).