Apartment Income REIT Corp.

NYSE:AIRC Stock Report

Market Cap: US$6.1b

Apartment Income REIT Balance Sheet Health

Financial Health criteria checks 1/6

Apartment Income REIT has a total shareholder equity of $2.6B and total debt of $3.2B, which brings its debt-to-equity ratio to 122.2%. Its total assets and total liabilities are $6.1B and $3.5B respectively. Apartment Income REIT's EBIT is $120.6M making its interest coverage ratio 1. It has cash and short-term investments of $91.4M.

Key information

122.2%

Debt to equity ratio

US$3.21b

Debt

Interest coverage ratio1x
CashUS$91.40m
EquityUS$2.63b
Total liabilitiesUS$3.51b
Total assetsUS$6.13b

Recent financial health updates

No updates

Recent updates

Blackstone's Acquisition Of Apartment Income REIT Is Likely Priced In

Apr 09

Apartment Income REIT: Overlooked And Undervalued 5.7% Yielder

Feb 12

Apartment Income REIT: Outperforming, Strong Growth, 5%-Plus Yield

Dec 24

Apartment Income REIT: Quality Business Model, Sluggish Valuation

Oct 23

Apartment Income REIT: A Good Pick In An Attractive Sector

Sep 01

Apartment Income REIT: Cause For Pause

Aug 24

Apartment Income REIT: Coastal And Sunbelt Exposure With Industry Leading Forward Growth, Gross Margins

Jun 12

Apartment Income REIT  FFO of $0.59 misses by $0.01, revenue of $207.87M beats by $5.56M

Feb 09

Apartment Income REIT: A Higher Yielding Multifamily Operator

Jan 24

3 Intriguing Bargains In Apartment REITs

Nov 10

Apartment Income REIT  declares $0.45 dividend

Nov 01

Apartment Income REIT: High Yield With Low Risk

Sep 23

Apartment Income REIT  FFO of $0.66 in-line, revenue of $183.5M in-line

Jul 29

Apartment Income REIT: 4% Dividend And Inflation Hedge

Jul 15

Apartment Income REIT: An Undervalued REIT With An Excellent CEO

May 26

Apartment Income REIT Still Makes A Decent Buy For Conservative Dividend Investors

Apr 22

Financial Position Analysis

Short Term Liabilities: AIRC's short term assets ($187.0M) do not cover its short term liabilities ($296.9M).

Long Term Liabilities: AIRC's short term assets ($187.0M) do not cover its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: AIRC's net debt to equity ratio (118.7%) is considered high.

Reducing Debt: AIRC's debt to equity ratio has reduced from 218.5% to 122.2% over the past 5 years.

Debt Coverage: AIRC's debt is not well covered by operating cash flow (11.5%).

Interest Coverage: AIRC's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.