Alexandria Real Estate Equities Balance Sheet Health
Financial Health criteria checks 3/6
Alexandria Real Estate Equities has a total shareholder equity of $22.8B and total debt of $12.2B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are $37.7B and $14.9B respectively. Alexandria Real Estate Equities's EBIT is $770.5M making its interest coverage ratio 13.3. It has cash and short-term investments of $722.2M.
Key information
53.7%
Debt to equity ratio
US$12.22b
Debt
Interest coverage ratio | 13.3x |
Cash | US$722.18m |
Equity | US$22.76b |
Total liabilities | US$14.94b |
Total assets | US$37.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARE *'s short term assets ($2.0B) exceed its short term liabilities ($671.7M).
Long Term Liabilities: ARE *'s short term assets ($2.0B) do not cover its long term liabilities ($14.3B).
Debt to Equity History and Analysis
Debt Level: ARE *'s net debt to equity ratio (50.5%) is considered high.
Reducing Debt: ARE *'s debt to equity ratio has reduced from 70% to 53.7% over the past 5 years.
Debt Coverage: ARE *'s debt is not well covered by operating cash flow (13.6%).
Interest Coverage: ARE *'s interest payments on its debt are well covered by EBIT (13.3x coverage).