AvalonBay Communities Balance Sheet Health
Financial Health criteria checks 1/6
AvalonBay Communities has a total shareholder equity of $11.7B and total debt of $8.0B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are $20.6B and $9.6B respectively. AvalonBay Communities's EBIT is $918.8M making its interest coverage ratio 4.5. It has cash and short-term investments of $287.9M.
Key information
68.1%
Debt to equity ratio
US$7.98b
Debt
Interest coverage ratio | 4.5x |
Cash | US$287.89m |
Equity | US$11.72b |
Total liabilities | US$9.64b |
Total assets | US$20.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WV8's short term assets ($423.6M) do not cover its short term liabilities ($709.9M).
Long Term Liabilities: WV8's short term assets ($423.6M) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: WV8's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: WV8's debt to equity ratio has increased from 65.6% to 68.1% over the past 5 years.
Debt Coverage: WV8's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: WV8's interest payments on its debt are well covered by EBIT (4.5x coverage).