W. P. Carey Balance Sheet Health
Financial Health criteria checks 3/6
W. P. Carey has a total shareholder equity of $8.6B and total debt of $8.0B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are $17.6B and $9.0B respectively. W. P. Carey's EBIT is $789.9M making its interest coverage ratio 3.2. It has cash and short-term investments of $818.4M.
Key information
92.9%
Debt to equity ratio
US$7.97b
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$818.45m |
| Equity | US$8.59b |
| Total liabilities | US$9.05b |
| Total assets | US$17.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPY's short term assets ($1.6B) exceed its short term liabilities ($793.6M).
Long Term Liabilities: WPY's short term assets ($1.6B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: WPY's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: WPY's debt to equity ratio has increased from 87.6% to 92.9% over the past 5 years.
Debt Coverage: WPY's debt is well covered by operating cash flow (22.5%).
Interest Coverage: WPY's interest payments on its debt are well covered by EBIT (3.2x coverage).