Cohen & Steers Quality Income Realty Fund Balance Sheet Health
Financial Health criteria checks 3/6
Cohen & Steers Quality Income Realty Fund has a total shareholder equity of $1.7B and total debt of $710.0M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are $2.4B and $720.3M respectively. Cohen & Steers Quality Income Realty Fund's EBIT is $71.1M making its interest coverage ratio 25. It has cash and short-term investments of $1.5M.
Key information
41.9%
Debt to equity ratio
US$710.00m
Debt
| Interest coverage ratio | 25x |
| Cash | US$1.50m |
| Equity | US$1.70b |
| Total liabilities | US$720.34m |
| Total assets | US$2.42b |
Recent financial health updates
No updates
Recent updates
RQI: High Dependency On Interest Rates, Low Margin Of Safety (Rating Downgrade)
Apr 26Enhancing Your Dividend Portfolio: The Strategic Benefits Of Investing In RQI
Mar 23RQI: 8% Income And Potential Capital Appreciation From Real Estate Turnaround
Mar 10RQI: A Stellar Closed-End Fund Currently Overvalued (Rating Downgrade)
Feb 12RQI: REITs Vs. BDCs And CEFs (Building A Big-Yield Portfolio)
Dec 31RQI: Go Overweight
Dec 01RQI: A 9.66% Yielding REIT CEF That May Have Bottomed
Oct 18RQI: 9% Yield, Monthly Payer
Sep 15Get An 8.3% Yield From Secure High-Quality REITs: RQI
Aug 30RQI: A Solid REIT Funds For The Long-Term
Aug 01RQI: Securing Safe 8% Yield And Elevating Exposure To Interest Rate Declines
Jul 18Earn +8% From The Highest Quality REITs: RQI
Jun 21Real Estate Passive Income: Forget RQI, Buy These High Yielders Instead
May 29RQI: A High-Quality Real Estate CEF To Protect Against Inflation
Dec 09Cohen&Steers Quality Income Realty Fund goes ex-dividend tomorrow
Oct 10Why I Bought RQI This Week
Sep 30RQI: 6% Yield, Monthly Payer, Will Benefit From 2023 Rate Cuts
Jul 29Cohen & Steers Quality Income Realty Fund goes ex-dividend tomorrow
Jul 11RQI: REIT Exposure On Sale
May 16RQI: Trading At 4.29% Discount To NAV With A 6.13% Yield
Apr 29February 2022 Update On RQI - 5.91% Yield
Feb 08RQI: Best-Performing REIT CEF, Strong 6.1% Distribution Yield, Outstanding Performance
Jan 28Technical Update On RQI: 5.61% Yield
Nov 16RQI: Recent Declines Leading To Some Value Opening Up
Oct 12RQI: Let Best-In-Class REITs Power Your Income
Oct 02RQI: My Preferred Real Estate CEF Now
Sep 24Where Fundamentals Meet Technicals: RQI (Revisited) - 6.0% Yield
Jul 23RQI: A Generally Good Fund, But Its Financials Could Expose A Problem
Jun 17Cohen&Steers Quality Income Realty Fund goes ex-dividend tomorrow
Jan 11RQI: Solid Fund For Your REIT Exposure
Dec 07RQI Offers Double Discount For Income Investors
Nov 17Cohen&Steers Quality Income Realty Fund goes ex-dividend tomorrow
Nov 16Financial Position Analysis
Short Term Liabilities: RQI's short term assets ($25.4M) exceed its short term liabilities ($9.7M).
Long Term Liabilities: RQI's short term assets ($25.4M) do not cover its long term liabilities ($710.6M).
Debt to Equity History and Analysis
Debt Level: RQI's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: RQI's debt to equity ratio has increased from 32.4% to 41.9% over the past 5 years.
Debt Coverage: RQI's debt is well covered by operating cash flow (22.3%).
Interest Coverage: RQI's interest payments on its debt are well covered by EBIT (25x coverage).