Gaming and Leisure Properties Balance Sheet Health
Financial Health criteria checks 3/6
Gaming and Leisure Properties has a total shareholder equity of $4.1B and total debt of $6.3B, which brings its debt-to-equity ratio to 152.8%. Its total assets and total liabilities are $11.1B and $7.0B respectively. Gaming and Leisure Properties's EBIT is $1.0B making its interest coverage ratio 3.4. It has cash and short-term investments of $6.8M.
Key information
152.8%
Debt to equity ratio
US$6.29b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$6.82m |
| Equity | US$4.12b |
| Total liabilities | US$7.00b |
| Total assets | US$11.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLPI *'s short term assets ($1.9B) exceed its short term liabilities ($100.4M).
Long Term Liabilities: GLPI *'s short term assets ($1.9B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: GLPI *'s net debt to equity ratio (152.6%) is considered high.
Reducing Debt: GLPI *'s debt to equity ratio has reduced from 182.1% to 152.8% over the past 5 years.
Debt Coverage: GLPI *'s debt is not well covered by operating cash flow (14.8%).
Interest Coverage: GLPI *'s interest payments on its debt are well covered by EBIT (3.4x coverage).