Gaming and Leisure Properties Balance Sheet Health
Financial Health criteria checks 3/6
Gaming and Leisure Properties has a total shareholder equity of $4.5B and total debt of $6.6B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are $11.8B and $7.3B respectively. Gaming and Leisure Properties's EBIT is $1.1B making its interest coverage ratio 3.4. It has cash and short-term investments of $684.0M.
Key information
147.0%
Debt to equity ratio
US$6.63b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$683.98m |
| Equity | US$4.51b |
| Total liabilities | US$7.30b |
| Total assets | US$11.81b |
Recent financial health updates
No updates
Recent updates
Gaming 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 26Do Gaming and Leisure Properties's (NASDAQ:GLPI) Earnings Warrant Your Attention?
Nov 08Casino REITs: New King Of Vegas
Aug 31Here's Why I Think Gaming and Leisure Properties (NASDAQ:GLPI) Might Deserve Your Attention Today
Jul 26Gaming And Leisure Properties Is A Good Growth Story
Jun 30Shareholders May Be More Conservative With Gaming and Leisure Properties, Inc.'s (NASDAQ:GLPI) CEO Compensation For Now
Jun 03Should You Be Adding Gaming and Leisure Properties (NASDAQ:GLPI) To Your Watchlist Today?
Mar 08Why Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Looks Like A Quality Company
Feb 10
Did You Participate In Any Of Gaming and Leisure Properties' (NASDAQ:GLPI) Fantastic 127% Return ?
Jan 15Gaming and Leisure Properties picks internal candidate for development chief
Jan 07Financial Position Analysis
Short Term Liabilities: GLPI's short term assets ($2.7B) exceed its short term liabilities ($114.4M).
Long Term Liabilities: GLPI's short term assets ($2.7B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: GLPI's net debt to equity ratio (131.8%) is considered high.
Reducing Debt: GLPI's debt to equity ratio has reduced from 258.4% to 147% over the past 5 years.
Debt Coverage: GLPI's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: GLPI's interest payments on its debt are well covered by EBIT (3.4x coverage).