SL Green Realty Balance Sheet Health
Financial Health criteria checks 2/6
SL Green Realty has a total shareholder equity of $4.5B and total debt of $3.4B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are $9.7B and $5.2B respectively. SL Green Realty's EBIT is $32.7M making its interest coverage ratio 0.2. It has cash and short-term investments of $267.7M.
Key information
74.2%
Debt to equity ratio
US$3.36b
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$267.67m |
| Equity | US$4.52b |
| Total liabilities | US$5.17b |
| Total assets | US$9.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLG *'s short term assets ($706.2M) exceed its short term liabilities ($411.1M).
Long Term Liabilities: SLG *'s short term assets ($706.2M) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: SLG *'s net debt to equity ratio (68.3%) is considered high.
Reducing Debt: SLG *'s debt to equity ratio has reduced from 78.7% to 74.2% over the past 5 years.
Debt Coverage: SLG *'s debt is not well covered by operating cash flow (6.2%).
Interest Coverage: SLG *'s interest payments on its debt are not well covered by EBIT (0.2x coverage).