Duke Realty Balance Sheet Health
Financial Health criteria checks 2/6
Duke Realty has a total shareholder equity of $6.4B and total debt of $3.9B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are $11.0B and $4.6B respectively. Duke Realty's EBIT is $381.2M making its interest coverage ratio 5. It has cash and short-term investments of $44.2M.
Key information
60.7%
Debt to equity ratio
US$3.89b
Debt
| Interest coverage ratio | 5x |
| Cash | US$44.20m |
| Equity | US$6.41b |
| Total liabilities | US$4.55b |
| Total assets | US$10.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRE *'s short term assets ($305.2M) exceed its short term liabilities ($233.9M).
Long Term Liabilities: DRE *'s short term assets ($305.2M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: DRE *'s net debt to equity ratio (60%) is considered high.
Reducing Debt: DRE *'s debt to equity ratio has increased from 48.8% to 60.7% over the past 5 years.
Debt Coverage: DRE *'s debt is not well covered by operating cash flow (16.9%).
Interest Coverage: DRE *'s interest payments on its debt are well covered by EBIT (5x coverage).