Broadstone Net Lease Balance Sheet Health
Financial Health criteria checks 2/6
Broadstone Net Lease has a total shareholder equity of $3.3B and total debt of $2.0B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $5.5B and $2.2B respectively. Broadstone Net Lease's EBIT is $202.1M making its interest coverage ratio 2.6. It has cash and short-term investments of $85.2M.
Key information
62.0%
Debt to equity ratio
US$2.02b
Debt
Interest coverage ratio | 2.6x |
Cash | US$85.18m |
Equity | US$3.26b |
Total liabilities | US$2.20b |
Total assets | US$5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNL *'s short term assets ($254.6M) exceed its short term liabilities ($106.3M).
Long Term Liabilities: BNL *'s short term assets ($254.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: BNL *'s net debt to equity ratio (59.4%) is considered high.
Reducing Debt: BNL *'s debt to equity ratio has reduced from 92.1% to 62% over the past 5 years.
Debt Coverage: BNL *'s debt is not well covered by operating cash flow (12.6%).
Interest Coverage: BNL *'s interest payments on its debt are not well covered by EBIT (2.6x coverage).