Net Lease Office Properties Balance Sheet Health
Financial Health criteria checks 3/6
Net Lease Office Properties has a total shareholder equity of $664.6M and total debt of $327.4M, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are $1.0B and $380.0M respectively. Net Lease Office Properties's EBIT is $47.4M making its interest coverage ratio 0.6. It has cash and short-term investments of $36.2M.
Key information
49.3%
Debt to equity ratio
US$327.40m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$36.21m |
| Equity | US$664.64m |
| Total liabilities | US$380.01m |
| Total assets | US$1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLOP *'s short term assets ($149.7M) exceed its short term liabilities ($63.4M).
Long Term Liabilities: NLOP *'s short term assets ($149.7M) do not cover its long term liabilities ($316.6M).
Debt to Equity History and Analysis
Debt Level: NLOP *'s net debt to equity ratio (43.8%) is considered high.
Reducing Debt: Insufficient data to determine if NLOP *'s debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NLOP * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NLOP * is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.