BRT Apartments Balance Sheet Health
Financial Health criteria checks 2/6
BRT Apartments has a total shareholder equity of $209.8M and total debt of $484.3M, which brings its debt-to-equity ratio to 230.9%. Its total assets and total liabilities are $717.7M and $508.0M respectively. BRT Apartments's EBIT is $13.6M making its interest coverage ratio 0.6. It has cash and short-term investments of $45.8M.
Key information
230.9%
Debt to equity ratio
US$484.31m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$45.80m |
| Equity | US$209.77m |
| Total liabilities | US$507.97m |
| Total assets | US$717.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WWA's short term assets ($45.8M) exceed its short term liabilities ($21.5M).
Long Term Liabilities: WWA's short term assets ($45.8M) do not cover its long term liabilities ($486.5M).
Debt to Equity History and Analysis
Debt Level: WWA's net debt to equity ratio (209%) is considered high.
Reducing Debt: WWA's debt to equity ratio has reduced from 321.8% to 230.9% over the past 5 years.
Debt Coverage: WWA's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: WWA's interest payments on its debt are not well covered by EBIT (0.6x coverage).