Equity LifeStyle Properties Balance Sheet Health
Financial Health criteria checks 1/6
Equity LifeStyle Properties has a total shareholder equity of $1.5B and total debt of $3.5B, which brings its debt-to-equity ratio to 229.6%. Its total assets and total liabilities are $5.6B and $4.1B respectively. Equity LifeStyle Properties's EBIT is $435.3M making its interest coverage ratio 3.4. It has cash and short-term investments of $24.7M.
Key information
229.6%
Debt to equity ratio
US$3.45b
Debt
Interest coverage ratio | 3.4x |
Cash | US$24.73m |
Equity | US$1.50b |
Total liabilities | US$4.08b |
Total assets | US$5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELS *'s short term assets ($92.8M) do not cover its short term liabilities ($248.6M).
Long Term Liabilities: ELS *'s short term assets ($92.8M) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: ELS *'s net debt to equity ratio (227.9%) is considered high.
Reducing Debt: ELS *'s debt to equity ratio has increased from 202.1% to 229.6% over the past 5 years.
Debt Coverage: ELS *'s debt is not well covered by operating cash flow (16.3%).
Interest Coverage: ELS *'s interest payments on its debt are well covered by EBIT (3.4x coverage).