W. P. Carey Balance Sheet Health
Financial Health criteria checks 1/6
W. P. Carey has a total shareholder equity of $8.7B and total debt of $8.1B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are $18.0B and $9.3B respectively. W. P. Carey's EBIT is $834.3M making its interest coverage ratio 2.9. It has cash and short-term investments of $634.9M.
Key information
93.6%
Debt to equity ratio
US$8.15b
Debt
Interest coverage ratio | 2.9x |
Cash | US$634.86m |
Equity | US$8.71b |
Total liabilities | US$9.27b |
Total assets | US$17.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPC *'s short term assets ($2.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: WPC *'s short term assets ($2.3B) do not cover its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: WPC *'s net debt to equity ratio (86.3%) is considered high.
Reducing Debt: WPC *'s debt to equity ratio has increased from 93.4% to 93.6% over the past 5 years.
Debt Coverage: WPC *'s debt is not well covered by operating cash flow (13.2%).
Interest Coverage: WPC *'s interest payments on its debt are not well covered by EBIT (2.9x coverage).