Broadstone Net Lease Balance Sheet Health
Financial Health criteria checks 2/6
Broadstone Net Lease has a total shareholder equity of $3.2B and total debt of $1.9B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are $5.3B and $2.1B respectively. Broadstone Net Lease's EBIT is $223.2M making its interest coverage ratio 2.8. It has cash and short-term investments of $65.6M.
Key information
59.8%
Debt to equity ratio
US$1.91b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$65.59m |
| Equity | US$3.19b |
| Total liabilities | US$2.07b |
| Total assets | US$5.27b |
Recent financial health updates
No updates
Recent updates
Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield
Apr 16Broadstone Net Lease: A 7.5% Dividend And Cheap Valuation
Mar 28Broadstone Net Lease: Why We Prefer It Over Realty Income
Mar 10Broadstone Net Lease: A REIT To Consider For Post Rate Hikes
Feb 25Broadstone Net Lease: An Insulated Portfolio Protected From Rates And Turmoil
Feb 06Broadstone Net Lease: A Solid REIT Choice For 2024
Jan 03Here's Why We Think Broadstone Net Lease (NYSE:BNL) Might Deserve Your Attention Today
Dec 16
Broadstone Net Lease: A Tempting ~7% Yielding Diversified REIT
Dec 12Earnings Beat: Broadstone Net Lease, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 05Broadstone Net Lease: High Yield With A Limited Downside
Nov 03Broadstone Net Lease: High Dividend And Good Upside (Rating Upgrade)
Oct 24Broadstone Net Lease: 7.8% Yield, Cheap, Safe
Oct 01Broadstone Net Lease: A Spread Worth Considering
Sep 21Broadstone Net Lease: Over 20% Upside Potential With 7% Yielding Dividend
Aug 29Broadstone Net Lease: Safe, High Yield From This Diversified REIT
Jul 24Broadstone Net Lease: Enjoy A High Dividend Yield
Jun 28Broadstone Net Lease: This Nearly 7% Yielder Remains Attractive
Jun 13Top 3 High Yield Diversified REITs For H2 2023
May 23Broadstone Net Lease FFO of $0.36 misses by $0.03, revenue of $112.14M beats by $5.64M, guidance below consensus
Feb 22My Top 2023 Dividend Yield Monsters
Feb 13Broadstone Net Lease: A Great 7% Yield Flying Under The Radar
Nov 08Broadstone Net Lease reports Q3 rent collection results
Sep 28Broadstone Net Lease: A Near-Perfect Portfolio Limits The Upside Potential
Aug 17Broadstone Net Lease: Reprieve From Market Volatility
Jul 07Broadstone Net Lease: Half-Industrial REIT On Discount
May 07Broadstone Net Lease: If You Like Quality Bargains, You'll Love This REIT
Feb 10Broadstone Net Lease: A Good Portfolio Addition, At The Right Price
Nov 19Broadstone Net Lease: This Diversified Upstart Has Gotten Ahead Of Itself
Sep 02Goldman cuts Broadstone Net Lease to Neutral in wake of stock rally
Jun 17Financial Position Analysis
Short Term Liabilities: BNL's short term assets ($275.2M) exceed its short term liabilities ($104.1M).
Long Term Liabilities: BNL's short term assets ($275.2M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: BNL's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: BNL's debt to equity ratio has reduced from 94.7% to 59.8% over the past 5 years.
Debt Coverage: BNL's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: BNL's interest payments on its debt are not well covered by EBIT (2.8x coverage).