Alexander's Balance Sheet Health
Financial Health criteria checks 1/6
Alexander's has a total shareholder equity of $237.7M and total debt of $1.1B, which brings its debt-to-equity ratio to 459.7%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $84.5M making its interest coverage ratio 2.3. It has cash and short-term investments of $554.5M.
Key information
459.7%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 2.3x |
Cash | US$554.46m |
Equity | US$237.66m |
Total liabilities | US$1.17b |
Total assets | US$1.40b |
Recent financial health updates
No updates
Recent updates
Alexander'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 ($706.5M) exceed its short term liabilities ($53.3M).
Long Term Liabilities: ALX's short term assets ($706.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (226.4%) is considered high.
Reducing Debt: ALX's debt to equity ratio has increased from 338.8% to 459.7% over the past 5 years.
Debt Coverage: ALX's debt is not well covered by operating cash flow (10%).
Interest Coverage: ALX's interest payments on its debt are not well covered by EBIT (2.3x coverage).