Seritage Growth Properties Balance Sheet Health
Financial Health criteria checks 4/6
Seritage Growth Properties has a total shareholder equity of $418.8M and total debt of $280.0M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are $735.0M and $316.2M respectively.
Key information
66.9%
Debt to equity ratio
US$280.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$85.60m |
| Equity | US$418.79m |
| Total liabilities | US$316.23m |
| Total assets | US$735.02m |
Recent financial health updates
Is Seritage Growth Properties (NYSE:SRG) Using Debt Sensibly?
Jul 12
Is Seritage Growth Properties (NYSE:SRG) Weighed On By Its Debt Load?
Jun 07Health Check: How Prudently Does Seritage Growth Properties (NYSE:SRG) Use Debt?
Jun 13Recent updates
Seritage Growth: Buy A Dollar For 80 Cents
Aug 27Is Seritage Growth Properties (NYSE:SRG) Using Debt Sensibly?
Jul 12Seritage: Only Berkshire Hathaway Made Money On This
May 15Seritage Preferreds Offer Tempting Potential 12.86% Yield To Maturity
Jan 19Seritage: Intriguing Assets And Fascinating CEO
Nov 11Seritage: Nearing The Finish Line
Aug 20Is Seritage Growth Properties (NYSE:SRG) Weighed On By Its Debt Load?
Jun 07Seritage Growth Properties reduces outstanding debt to $800M
Feb 10Seritage Growth Properties: Buy $20 For Less Than $12
Nov 14O'Keefe Stevens - Seritage Growth Properties: A Good Idea On Paper
Nov 05Seritage Growth Properties prepays $70M loan
Oct 03Seritage: Bears Beat Back Bold Bulls
Sep 22Seritage Growth Properties prepays $100M toward $1.6B term loan facility
Aug 08Seritage Growth Properties surges on filing prelim proxy materials for Plan of Sale
Jul 08Health Check: How Prudently Does Seritage Growth Properties (NYSE:SRG) Use Debt?
Jun 13Seritage: Berkshire Is Not Taking A Haircut Here
Jun 13Seritage: Special Situation Opportunity Happening Now With 'Near Term' Shareholder Value Creation To Follow
Apr 22Seritage: Well Priced For 0% Returns
Jan 21Seritage Growth Properties: Significant Monetization Activities, A Path To Positive Cash From Operations, And A Massively Undervalued Asset Base - Shares Could Double
Nov 18Seritage: SNO Rents Drop 67% From 2019
Nov 03Seritage: NOI Now Down 84% From IPO
Aug 10Seritage Growth Properties: A Glimpse Of Its Value
Jun 28Seritage Growth Properties (SRG) Presents At REITweek 2021 Investor Virtual Conference - Slideshow
Jun 15Avoid Seritage Growth Properties Despite Discount To NAV
May 07What Type Of Returns Would Seritage Growth Properties'(NYSE:SRG) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Mar 15Financial Position Analysis
Short Term Liabilities: SRG's short term assets ($153.3M) exceed its short term liabilities ($36.2M).
Long Term Liabilities: SRG's short term assets ($153.3M) do not cover its long term liabilities ($280.0M).
Debt to Equity History and Analysis
Debt Level: SRG's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: SRG's debt to equity ratio has reduced from 148.1% to 66.9% 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 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SRG has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 25.1% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:36 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Seritage Growth Properties is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |
| Wesley Golladay | RBC Capital Markets |