New England Realty Associates Limited Partnership Balance Sheet Health
Financial Health criteria checks 0/6
New England Realty Associates Limited Partnership has a total shareholder equity of $-67.0M and total debt of $407.5M, which brings its debt-to-equity ratio to -608.3%. Its total assets and total liabilities are $383.7M and $450.7M respectively. New England Realty Associates Limited Partnership's EBIT is $24.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $13.9M.
Key information
-608.3%
Debt to equity ratio
US$407.46m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$13.87m |
| Equity | -US$66.99m |
| Total liabilities | US$450.69m |
| Total assets | US$383.70m |
Recent financial health updates
Recent updates
New England Realty Associates Limited Partnership (NYSEMKT:NEN) Is About To Go Ex-Dividend, And It Pays A 2.4% Yield
Mar 10
A Look At The Intrinsic Value Of New England Realty Associates Limited Partnership (NYSEMKT:NEN)
Mar 02Here's What You Should Know About New England Realty Associates Limited Partnership's (NYSEMKT:NEN) 2.5% Dividend Yield
Feb 04What You Need To Know About New England Realty Associates Limited Partnership's (NYSEMKT:NEN) Investor Composition
Jan 19Are New England Realty Associates Limited Partnership's (NYSEMKT:NEN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 04Only Three Days Left To Cash In On New England Realty Associates Limited Partnership's (NYSEMKT:NEN) Dividend
Dec 17
Reflecting on New England Realty Associates Limited Partnership's (NYSEMKT:NEN) Share Price Returns Over The Last Three Years
Dec 12Need To Know: New England Realty Associates Limited Partnership (NYSEMKT:NEN) Insiders Have Been Buying Shares
Nov 27Financial Position Analysis
Short Term Liabilities: NEN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NEN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NEN has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NEN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NEN's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: NEN's interest payments on its debt are not well covered by EBIT (2.2x coverage).