Phillips Edison & Company, Inc.

NasdaqGS:PECO Stock Report

Market Cap: US$4.7b

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 ratio2x
CashUS$4.87m
EquityUS$2.65b
Total liabilitiesUS$2.21b
Total assetsUS$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
Is Now The Time To Put Phillips Edison (NASDAQ:PECO) On Your Watchlist?

Phillips Edison goes ex-dividend tomorrow

Oct 13

Phillips Edison raises dividend by 3.7% to $0.0933

Sep 06

Phillips Edison FFO of $0.56 beats by $0.02, revenue of $142.52M beats by $3.94M

Aug 04

Phillips Edison: Jump Into This REIT Before It Takes Off

Jun 21

Phillips Edison & Company: A Defensive Grocery-Anchored Retail REIT For Troubled Times

Mar 25

Phillips Edison & Company, Inc. Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next

Feb 20
Phillips Edison & Company, Inc. Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next

3 Reasons To Buy Phillips Edison & Co. Instead Of Regency Centers

Dec 13

Phillips Edison: A Secondary Market 'Sharpshooter' To Consider

Aug 17

Financial 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).


Balance Sheet


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