W. P. Carey Balance Sheet Health
Financial Health criteria checks 2/6
W. P. Carey has a total shareholder equity of $8.6B and total debt of $8.1B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $17.8B and $9.1B respectively. W. P. Carey's EBIT is $792.0M making its interest coverage ratio 3. It has cash and short-term investments of $1.1B.
Key information
93.8%
Debt to equity ratio
US$8.10b
Debt
| Interest coverage ratio | 3x |
| Cash | US$1.09b |
| Equity | US$8.64b |
| Total liabilities | US$9.13b |
| Total assets | US$17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LS8's short term assets ($1.9B) exceed its short term liabilities ($742.9M).
Long Term Liabilities: 0LS8's short term assets ($1.9B) do not cover its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: 0LS8's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: 0LS8's debt to equity ratio has increased from 88.4% to 93.8% over the past 5 years.
Debt Coverage: 0LS8's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 0LS8's interest payments on its debt are not well covered by EBIT (3x coverage).