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 $-65.4M and total debt of $408.7M, which brings its debt-to-equity ratio to -625.3%. Its total assets and total liabilities are $385.7M and $451.1M respectively. New England Realty Associates Limited Partnership's EBIT is $20.7M making its interest coverage ratio 1.8. It has cash and short-term investments of $18.5M.
Key information
-625.3%
Debt to equity ratio
US$408.66m
Debt
Interest coverage ratio | 1.8x |
Cash | US$18.47m |
Equity | -US$65.35m |
Total liabilities | US$451.09m |
Total assets | US$385.73m |
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 10A 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 17Reflecting 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 (5.9%).
Interest Coverage: NEN's interest payments on its debt are not well covered by EBIT (1.8x coverage).