Gaming and Leisure Properties Balance Sheet Health
Financial Health criteria checks 3/6
Gaming and Leisure Properties has a total shareholder equity of $4.6B and total debt of $7.4B, which brings its debt-to-equity ratio to 160.3%. Its total assets and total liabilities are $12.7B and $8.1B respectively. Gaming and Leisure Properties's EBIT is $1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of $494.1M.
Key information
160.3%
Debt to equity ratio
US$7.41b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$494.14m |
| Equity | US$4.62b |
| Total liabilities | US$8.06b |
| Total assets | US$12.68b |
Recent financial health updates
No updates
Recent updates
Gaming And Leisure Properties: Growth Outlook Makes Them A Long-Term Buy
Nov 13Gaming and Leisure Properties REIT: Good Yield At A Fair Price
Nov 05Gaming And Leisure Properties Closes A Land Deal Reinforcing Its 'Buy' Rating
Oct 01Gaming and Leisure Properties: Undervalued Despite Top-Tier Quarterly Results
Aug 15Good News For Gaming and Leisure Properties
Jul 15Gaming and Leisure Properties: Outstanding Business Metrics Within A Unique Sector
May 21Gaming and Leisure Properties: Place A Bet On This 7% Yield With Strong Upside Potential
May 01Gaming and Leisure Properties Q4: Near 7% Yield And Dividend Growth Make Them A Buy
Mar 05VICI Properties Vs. Gaming and Leisure Properties: Game On!
Feb 07Gaming and Leisure Properties: Overshadowed By VICI Properties But A REIT To Own In 2024
Jan 18Here's Why We Think Gaming and Leisure Properties (NASDAQ:GLPI) Is Well Worth Watching
Mar 13
Gaming and Leisure Properties creates COO role, names new CFO
Oct 18VICI Properties Vs. Gaming and Leisure Properties: Rolling The Dice On Casino Real Estate
Sep 09Gaming and Leisure Properties declares $0.705 dividend
Aug 31Are REIT Stocks A Good Investment Now? Yes, They're Resilient
Jul 05Gaming and Leisure Properties: The Safest Dividend Is One That's Just Been Raised
May 23Gaming and Leisure Properties Is Defensive, But Not Recession-Proof
Mar 09Gaming And Leisure Properties In A Good Place Now, But Where They Go From Here Is Key
Feb 22Is Now The Time To Put Gaming and Leisure Properties (NASDAQ:GLPI) On Your Watchlist?
Feb 08Gaming and Leisure Properties: Why It's Time To Bet On This 6% Yielder
Jan 26Financial Position Analysis
Short Term Liabilities: GLPI's short term assets ($3.2B) exceed its short term liabilities ($960.9M).
Long Term Liabilities: GLPI's short term assets ($3.2B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: GLPI's net debt to equity ratio (149.6%) is considered high.
Reducing Debt: GLPI's debt to equity ratio has reduced from 272.9% to 160.3% over the past 5 years.
Debt Coverage: GLPI's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: GLPI's interest payments on its debt are well covered by EBIT (3.5x coverage).