Phillips Edison Balance Sheet Health
Financial Health criteria checks 1/6
Phillips Edison has a total shareholder equity of $2.7B and total debt of $2.0B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are $4.9B and $2.2B respectively. Phillips Edison's EBIT is $154.2M making its interest coverage ratio 2. It has cash and short-term investments of $4.9M.
Key information
74.2%
Debt to equity ratio
US$1.97b
Debt
| Interest coverage ratio | 2x |
| Cash | US$4.87m |
| Equity | US$2.65b |
| Total liabilities | US$2.21b |
| Total assets | US$4.87b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Phillips Edison (NASDAQ:PECO) On Your Watchlist?
Feb 09
Phillips Edison goes ex-dividend tomorrow
Oct 13Phillips Edison raises dividend by 3.7% to $0.0933
Sep 06Phillips Edison FFO of $0.56 beats by $0.02, revenue of $142.52M beats by $3.94M
Aug 04Phillips Edison: Jump Into This REIT Before It Takes Off
Jun 21Phillips Edison & Company: A Defensive Grocery-Anchored Retail REIT For Troubled Times
Mar 25Phillips Edison & Company, Inc. Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next
Feb 203 Reasons To Buy Phillips Edison & Co. Instead Of Regency Centers
Dec 13Phillips Edison: A Secondary Market 'Sharpshooter' To Consider
Aug 17Financial Position Analysis
Short Term Liabilities: PECO's short term assets ($139.9M) do not cover its short term liabilities ($141.7M).
Long Term Liabilities: PECO's short term assets ($139.9M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: PECO's net debt to equity ratio (74%) is considered high.
Reducing Debt: PECO's debt to equity ratio has reduced from 101.2% to 74.2% over the past 5 years.
Debt Coverage: PECO's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: PECO's interest payments on its debt are not well covered by EBIT (2x coverage).