Vornado Realty Trust Balance Sheet Health
Financial Health criteria checks 2/6
Vornado Realty Trust has a total shareholder equity of $6.3B and total debt of $8.3B, which brings its debt-to-equity ratio to 131%. Its total assets and total liabilities are $16.2B and $9.8B respectively. Vornado Realty Trust's EBIT is $381.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $1.1B.
Key information
131.0%
Debt to equity ratio
US$8.31b
Debt
Interest coverage ratio | 1.2x |
Cash | US$1.14b |
Equity | US$6.34b |
Total liabilities | US$9.84b |
Total assets | US$16.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LR2's short term assets ($2.2B) exceed its short term liabilities ($638.7M).
Long Term Liabilities: 0LR2's short term assets ($2.2B) do not cover its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: 0LR2's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: 0LR2's debt to equity ratio has reduced from 168.1% to 131% over the past 5 years.
Debt Coverage: 0LR2's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 0LR2's interest payments on its debt are not well covered by EBIT (1.2x coverage).