Seritage Growth Properties Balance Sheet Health
Financial Health criteria checks 4/6
Seritage Growth Properties has a total shareholder equity of $563.2M and total debt of $360.0M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are $973.9M and $410.7M respectively.
Key information
63.9%
Debt to equity ratio
US$360.00m
Debt
Interest coverage ratio | n/a |
Cash | US$134.00m |
Equity | US$563.16m |
Total liabilities | US$410.70m |
Total assets | US$973.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRG.PRA's short term assets ($215.8M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: SRG.PRA's short term assets ($215.8M) do not cover its long term liabilities ($367.3M).
Debt to Equity History and Analysis
Debt Level: SRG.PRA's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: SRG.PRA's debt to equity ratio has reduced from 138.9% to 63.9% 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: SRG.PRA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SRG.PRA has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 43% each year.