Rexford Industrial Realty Balance Sheet Health
Financial Health criteria checks 4/6
Rexford Industrial Realty has a total shareholder equity of $8.1B and total debt of $2.2B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are $10.9B and $2.8B respectively. Rexford Industrial Realty's EBIT is $292.2M making its interest coverage ratio 4.8. It has cash and short-term investments of $43.3M.
Key information
27.3%
Debt to equity ratio
US$2.23b
Debt
Interest coverage ratio | 4.8x |
Cash | US$43.34m |
Equity | US$8.14b |
Total liabilities | US$2.79b |
Total assets | US$10.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REXR *'s short term assets ($309.1M) exceed its short term liabilities ($212.6M).
Long Term Liabilities: REXR *'s short term assets ($309.1M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: REXR *'s net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: REXR *'s debt to equity ratio has reduced from 39.8% to 27.3% over the past 5 years.
Debt Coverage: REXR *'s debt is not well covered by operating cash flow (19.2%).
Interest Coverage: REXR *'s interest payments on its debt are well covered by EBIT (4.8x coverage).