This company has been acquired
INDUS Realty Trust Balance Sheet Health
Financial Health criteria checks 3/6
INDUS Realty Trust has a total shareholder equity of $387.7M and total debt of $167.9M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are $591.1M and $203.5M respectively. INDUS Realty Trust's EBIT is $1.6M making its interest coverage ratio 0.3. It has cash and short-term investments of $27.8M.
Key information
43.3%
Debt to equity ratio
US$167.91m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$27.83m |
| Equity | US$387.66m |
| Total liabilities | US$203.46m |
| Total assets | US$591.12m |
Recent financial health updates
No updates
Recent updates
INDUS Realty Trust executes leases totaling ~418K sq. ft. in Q3
Oct 11INDUS Realty Trust: Solid Portfolio And Balance Sheet But Way Overvalued
Sep 09INDUS Realty Trust reports 100% leased in stabilized properties portfolio
Jul 07INDUS Realty Trust, Inc. Surprised Analysts With A Profit, And Analysts Boosted Their EPS Forecasts
Mar 10
Indus Realty Trust (INDT) Presents At NAREITweek 2021 Investor Virtual Conference - Slideshow
Jun 18This Is Why INDUS Realty Trust, Inc.'s (NASDAQ:INDT) CEO Compensation Looks Appropriate
Jun 10INDUS Realty Trust buys industrial/logistics building in Charlotte for $42.0 million
Jun 04INDUS Realty stock climbs after BTIG rates Buy on its focus on growth regions
Apr 26Should You Buy INDUS Realty Trust, Inc. (NASDAQ:INDT) For Its 0.8% Dividend?
Feb 14
INDUS Realty Trust declares $1.99 dividend
Jan 13Financial Position Analysis
Short Term Liabilities: INDT's short term assets ($41.4M) exceed its short term liabilities ($17.2M).
Long Term Liabilities: INDT's short term assets ($41.4M) do not cover its long term liabilities ($186.3M).
Debt to Equity History and Analysis
Debt Level: INDT's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: INDT's debt to equity ratio has reduced from 141.9% to 43.3% over the past 5 years.
Debt Coverage: INDT's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: INDT's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/01 12:24 |
| End of Day Share Price | 2023/06/28 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
INDUS Realty Trust, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Hollenden | Aegis Capital Corporation |
| David Rodgers | Baird |
| Connor Siversky | Berenberg |