Apartment Investment and Management Balance Sheet Health
Financial Health criteria checks 1/6
Apartment Investment and Management has a total shareholder equity of $591.6M and total debt of $1.1B, which brings its debt-to-equity ratio to 194%. Its total assets and total liabilities are $2.1B and $1.5B respectively. Apartment Investment and Management's EBIT is $12.5M making its interest coverage ratio 0.4. It has cash and short-term investments of $127.9M.
Key information
194.0%
Debt to equity ratio
US$1.15b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$127.86m |
| Equity | US$591.61m |
| Total liabilities | US$1.50b |
| Total assets | US$2.09b |
Recent financial health updates
Recent updates
Apartment Investment And Management: Premier Multifamily Rental Portfolio, Initiate With Buy Rating
Oct 08Apartment Investment And Management: Strong Quarter, But Still Not Profitable
Aug 09Aimco: Riding The Brightline To Higher Rents
May 31Aimco names Dary Stone board chair
Feb 02Apartment Investment GAAP EPS of $0.19, revenue of $47.68M
Nov 07Aimco: Demonstrably Creating Value
Sep 08Apartment Investment & Management Co. gains on report of investor sale push
Aug 12Aimco team up with Camillus House and provides $1M contribution to advance workforce development in Miami
Jul 11Insider Weekends: Terry Considine Adds To His Aimco Stake
Oct 04Financial Position Analysis
Short Term Liabilities: AIV's short term assets ($221.3M) exceed its short term liabilities ($186.8M).
Long Term Liabilities: AIV's short term assets ($221.3M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: AIV's net debt to equity ratio (172.4%) is considered high.
Reducing Debt: Insufficient data to determine if AIV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AIV's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: AIV's interest payments on its debt are not well covered by EBIT (0.4x coverage).