Broadstone Net Lease Balance Sheet Health
Financial Health criteria checks 2/6
Broadstone Net Lease has a total shareholder equity of $3.1B and total debt of $2.0B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are $5.3B and $2.1B respectively. Broadstone Net Lease's EBIT is $209.6M making its interest coverage ratio 2.9. It has cash and short-term investments of $36.8M.
Key information
62.4%
Debt to equity ratio
US$1.96b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$36.81m |
| Equity | US$3.14b |
| Total liabilities | US$2.12b |
| Total assets | US$5.26b |
Recent financial health updates
No updates
Recent updates
Broadstone Net Lease: 6% Yield, Dividend Growth, High Margin Of Safety
Oct 01Previous Thesis Panned Out, But Broadstone Net Lease Has More To Offer
Sep 17Broadstone Net Lease: Not All Industrial Is Created Equal
Sep 10Broadstone Net Lease: Meaningful Reorganization Progress And Strong Metrics Make It Buyable
Aug 12Broadstone Net Lease: Price Catches Up With Value
Jul 30Broadstone Net Lease: An Attractive Yield For Income Investors
Jul 08Here's Why We Think Broadstone Net Lease (NYSE:BNL) Is Well Worth Watching
Jun 22
Broadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock Undervalued
Jun 03Broadstone Net Lease: Great Risk-To-Reward Ratio Accompanied By Top Business Metrics
May 27Broadstone Net Lease: Very Much Underestimated
May 21Broadstone Net Lease, Inc. Just Recorded A 103% EPS Beat: Here's What Analysts Are Forecasting Next
May 06Broadstone 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 16Broadstone 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 07Financial Position Analysis
Short Term Liabilities: BNL's short term assets ($226.4M) exceed its short term liabilities ($126.2M).
Long Term Liabilities: BNL's short term assets ($226.4M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: BNL's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: BNL's debt to equity ratio has reduced from 122.9% to 62.4% over the past 5 years.
Debt Coverage: BNL's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: BNL's interest payments on its debt are not well covered by EBIT (2.9x coverage).