Simon Property Group Balance Sheet Health
Financial Health criteria checks 1/6
Simon Property Group has a total shareholder equity of $3.6B and total debt of $25.3B, which brings its debt-to-equity ratio to 705%. Its total assets and total liabilities are $33.4B and $29.8B respectively. Simon Property Group's EBIT is $3.0B making its interest coverage ratio 3.3. It has cash and short-term investments of $1.2B.
Key information
705.0%
Debt to equity ratio
US$25.29b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$1.23b |
| Equity | US$3.59b |
| Total liabilities | US$29.79b |
| Total assets | US$33.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0L6P's short term assets ($2.1B) do not cover its short term liabilities ($5.5B).
Long Term Liabilities: 0L6P's short term assets ($2.1B) do not cover its long term liabilities ($24.3B).
Debt to Equity History and Analysis
Debt Level: 0L6P's net debt to equity ratio (670.6%) is considered high.
Reducing Debt: 0L6P's debt to equity ratio has increased from 648.8% to 705% over the past 5 years.
Debt Coverage: 0L6P's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 0L6P's interest payments on its debt are well covered by EBIT (3.3x coverage).