Alexander's Balance Sheet Health
Financial Health criteria checks 2/6
Alexander's has a total shareholder equity of $230.1M and total debt of $1.1B, which brings its debt-to-equity ratio to 474.9%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $90.5M making its interest coverage ratio 2.4. It has cash and short-term investments of $545.0M.
Key information
474.9%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 2.4x |
Cash | US$545.01m |
Equity | US$230.14m |
Total liabilities | US$1.16b |
Total assets | US$1.39b |
Recent financial health updates
No updates
Recent updates
Alexander's: Hold On To This 8.8% Yield From New York City
Apr 21Alexander's: A Lot Of Risks For A Small Discount
Jan 29Alexander's 10% Yield Seems Compelling But Faces Headwinds
Nov 01Alexander's, Inc.: The Needle Is Pointing Down
Aug 02Alexanders AFFO of $4.03 misses by $0.05, revenue of $53.05M beats by $1.35M
Feb 13Alexanders declares $4.50 dividend
Jan 18Alexanders declares $4.50 dividend
Oct 26Alexanders declares $4.50 dividend
Jul 27Alexander's: Bottom Fishing On This Commercial REIT Could Be Risky
Jul 09Alexander's: Trading At ~69% Of NAV, Yields 7.1% And Insiders Own >50%
Mar 20Alexander's: An Excellent Value Stock Currently Yielding 7%
Sep 07Alexander's: High Quality NYC REIT Trading At 70% NAV And Mike Bloomberg Pays You A 7% Yield
May 26Alexanders FFO beats by $0.01, beats on revenue
May 03Alexanders declares $4.50 dividend
Apr 28Is Alexander's, Inc.'s (NYSE:ALX) 18% ROE Better Than Average?
Dec 29Alexanders FFO misses by $0.99, misses on revenue
Nov 02Alexanders declares $4.50 dividend
Oct 28Financial Position Analysis
Short Term Liabilities: ALX's short term assets ($687.3M) exceed its short term liabilities ($547.1M).
Long Term Liabilities: ALX's short term assets ($687.3M) exceed its long term liabilities ($614.1M).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (238.1%) is considered high.
Reducing Debt: ALX's debt to equity ratio has increased from 345.5% to 474.9% over the past 5 years.
Debt Coverage: ALX's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: ALX's interest payments on its debt are not well covered by EBIT (2.4x coverage).