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 ratio | 1x |
Cash | US$91.40m |
Equity | US$2.63b |
Total liabilities | US$3.51b |
Total assets | US$6.13b |
Recent financial health updates
No updates
Recent updates
Blackstone's Acquisition Of Apartment Income REIT Is Likely Priced In
Apr 09Apartment Income REIT: Overlooked And Undervalued 5.7% Yielder
Feb 12Apartment Income REIT: Outperforming, Strong Growth, 5%-Plus Yield
Dec 24Apartment Income REIT: Quality Business Model, Sluggish Valuation
Oct 23Apartment Income REIT: A Good Pick In An Attractive Sector
Sep 01Apartment Income REIT: Cause For Pause
Aug 24Apartment Income REIT: Coastal And Sunbelt Exposure With Industry Leading Forward Growth, Gross Margins
Jun 12Apartment Income REIT FFO of $0.59 misses by $0.01, revenue of $207.87M beats by $5.56M
Feb 09Apartment Income REIT: A Higher Yielding Multifamily Operator
Jan 243 Intriguing Bargains In Apartment REITs
Nov 10Apartment Income REIT declares $0.45 dividend
Nov 01Apartment Income REIT: High Yield With Low Risk
Sep 23Apartment Income REIT FFO of $0.66 in-line, revenue of $183.5M in-line
Jul 29Apartment Income REIT: 4% Dividend And Inflation Hedge
Jul 15Apartment Income REIT: An Undervalued REIT With An Excellent CEO
May 26Apartment Income REIT Still Makes A Decent Buy For Conservative Dividend Investors
Apr 22Financial 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).