Alexander's Balance Sheet Health
Financial Health criteria checks 1/6
Alexander's has a total shareholder equity of $190.7M and total debt of $988.0M, which brings its debt-to-equity ratio to 518.1%. Its total assets and total liabilities are $1.4B and $1.2B respectively. Alexander's's EBIT is $89.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $361.9M.
Key information
518.1%
Debt to equity ratio
US$987.98m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$361.90m |
| Equity | US$190.69m |
| Total liabilities | US$1.17b |
| Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Alexander's Is A Good Business That The Market Has Overestimated
Nov 12Alexander's Inc.: Numerous Signs Of Distress
Jul 16Alexander'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 29
Alexanders 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 ($522.0M) exceed its short term liabilities ($351.4M).
Long Term Liabilities: ALX's short term assets ($522.0M) do not cover its long term liabilities ($822.9M).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (328.3%) is considered high.
Reducing Debt: ALX's debt to equity ratio has increased from 370% to 518.1% over the past 5 years.
Debt Coverage: ALX's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: ALX's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 06:56 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alexander's, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Goldfarb | Piper Sandler Companies |