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Gladstone Commercial Balance Sheet Health
Financial Health criteria checks 1/6
Gladstone Commercial has a total shareholder equity of $371.8M and total debt of $675.7M, which brings its debt-to-equity ratio to 181.7%. Its total assets and total liabilities are $1.1B and $733.0M respectively. Gladstone Commercial's EBIT is $33.9M making its interest coverage ratio 1.3. It has cash and short-term investments of $11.1M.
Key information
181.7%
Debt to equity ratio
US$675.68m
Debt
Interest coverage ratio | 1.3x |
Cash | US$11.08m |
Equity | US$371.81m |
Total liabilities | US$732.99m |
Total assets | US$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOOD.O's short term assets ($67.2M) exceed its short term liabilities ($13.0M).
Long Term Liabilities: GOOD.O's short term assets ($67.2M) do not cover its long term liabilities ($720.0M).
Debt to Equity History and Analysis
Debt Level: Insufficient data to calculate GOOD.O's net debt to equity ratio to determine if it is satisfactory.
Reducing Debt: GOOD.O's debt to equity ratio has increased from 176% to 181.7% over the past 5 years.
Debt Coverage: GOOD.O's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: GOOD.O's interest payments on its debt are not well covered by EBIT (1.3x coverage).