CBL & Associates Properties Balance Sheet Health
Financial Health criteria checks 1/6
CBL & Associates Properties has a total shareholder equity of $314.9M and total debt of $1.9B, which brings its debt-to-equity ratio to 590.9%. Its total assets and total liabilities are $2.3B and $2.0B respectively. CBL & Associates Properties's EBIT is $108.2M making its interest coverage ratio 0.7. It has cash and short-term investments of $60.3M.
Key information
590.9%
Debt to equity ratio
US$1.86b
Debt
Interest coverage ratio | 0.7x |
Cash | US$60.31m |
Equity | US$314.85m |
Total liabilities | US$2.03b |
Total assets | US$2.34b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HQK's short term assets ($172.1M) exceed its short term liabilities ($168.7M).
Long Term Liabilities: 0HQK's short term assets ($172.1M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: 0HQK's net debt to equity ratio (571.7%) is considered high.
Reducing Debt: 0HQK's debt to equity ratio has increased from 405.5% to 590.9% over the past 5 years.
Debt Coverage: 0HQK's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 0HQK's interest payments on its debt are not well covered by EBIT (0.7x coverage).