Acadia Realty Trust Balance Sheet Health
Financial Health criteria checks 2/6
Acadia Realty Trust has a total shareholder equity of $2.4B and total debt of $1.6B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are $4.3B and $1.9B respectively. Acadia Realty Trust's EBIT is $75.2M making its interest coverage ratio 1. It has cash and short-term investments of $59.9M.
Key information
66.0%
Debt to equity ratio
US$1.59b
Debt
Interest coverage ratio | 1x |
Cash | US$59.87m |
Equity | US$2.41b |
Total liabilities | US$1.87b |
Total assets | US$4.28b |
Recent financial health updates
No updates
Recent updates
Acadia Realty Trust: Strong NOI Growth Pipeline But Little Immediate Benefit From Fed Easing
Aug 19Acadia Realty Trust: Safe 4.2% Dividend Yield From Street Retail, But I'm Not Buying
Apr 12Acadia Realty Trust: Navigating A Dynamic Market With A Strategic Portfolio
Nov 16Acadia Realty Trust: 11% Discount And A Fully Covered 4.8% Yield
Aug 31Acadia Realty Trust: Fairly Valued Following Q4 Results
Feb 22Acadia Realty Trust Q4 results beat estimates, co sees 2023 FFO in-line with consensus
Feb 14Acadia Realty Trust declares $0.18 dividend
Jan 17Acadia Realty revises 2022 guidance to exclude delayed Albertsons dividend
Jan 05Acadia Realty Is Finally Cheap
Dec 23Financial Position Analysis
Short Term Liabilities: AKR's short term assets ($345.4M) exceed its short term liabilities ($235.2M).
Long Term Liabilities: AKR's short term assets ($345.4M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: AKR's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: AKR's debt to equity ratio has reduced from 76.6% to 66% over the past 5 years.
Debt Coverage: AKR's debt is not well covered by operating cash flow (9%).
Interest Coverage: AKR's interest payments on its debt are not well covered by EBIT (1x coverage).