Simon Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Simon Property Group has a total shareholder equity of $3.7B and total debt of $26.0B, which brings its debt-to-equity ratio to 706%. Its total assets and total liabilities are $34.3B and $30.6B respectively. Simon Property Group's EBIT is $2.8B making its interest coverage ratio 3.3. It has cash and short-term investments of $1.2B.
Key information
706.0%
Debt to equity ratio
US$26.03b
Debt
Interest coverage ratio | 3.3x |
Cash | US$1.17b |
Equity | US$3.69b |
Total liabilities | US$30.60b |
Total assets | US$34.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQI's short term assets ($2.4B) do not cover its short term liabilities ($6.5B).
Long Term Liabilities: SQI's short term assets ($2.4B) do not cover its long term liabilities ($24.1B).
Debt to Equity History and Analysis
Debt Level: SQI's net debt to equity ratio (674.3%) is considered high.
Reducing Debt: SQI's debt to equity ratio has increased from 578.7% to 706% over the past 5 years.
Debt Coverage: SQI's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: SQI's interest payments on its debt are well covered by EBIT (3.3x coverage).