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 ratio2.3x
CashUS$554.46m
EquityUS$237.66m
Total liabilitiesUS$1.17b
Total assetsUS$1.40b

Recent financial health updates

No updates

Recent updates

Alexander's: A Lot Of Risks For A Small Discount

Jan 29

Alexander's 10% Yield Seems Compelling But Faces Headwinds

Nov 01

Alexander's, Inc.: The Needle Is Pointing Down

Aug 02

Alexanders AFFO of $4.03 misses by $0.05, revenue of $53.05M beats by $1.35M

Feb 13

Alexanders declares $4.50 dividend

Jan 18

Alexanders declares $4.50 dividend

Oct 26

Alexanders declares $4.50 dividend

Jul 27

Alexander's: Bottom Fishing On This Commercial REIT Could Be Risky

Jul 09

Alexander's: Trading At ~69% Of NAV, Yields 7.1% And Insiders Own >50%

Mar 20

Alexander's: An Excellent Value Stock Currently Yielding 7%

Sep 07

Alexander's: High Quality NYC REIT Trading At 70% NAV And Mike Bloomberg Pays You A 7% Yield

May 26

Alexanders FFO beats by $0.01, beats on revenue

May 03

Alexanders declares $4.50 dividend

Apr 28

Is Alexander's, Inc.'s (NYSE:ALX) 18% ROE Better Than Average?

Dec 29
Is Alexander's, Inc.'s (NYSE:ALX) 18% ROE Better Than Average?

Alexanders FFO misses by $0.99, misses on revenue

Nov 02

Alexanders declares $4.50 dividend

Oct 28

Financial 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).


Balance Sheet


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