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 10Indus 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 14INDUS 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).