BRT Apartments Balance Sheet Health
Financial Health criteria checks 2/6
BRT Apartments has a total shareholder equity of $209.8M and total debt of $484.3M, which brings its debt-to-equity ratio to 230.9%. Its total assets and total liabilities are $717.7M and $508.0M respectively. BRT Apartments's EBIT is $13.6M making its interest coverage ratio 0.6. It has cash and short-term investments of $45.8M.
Key information
230.9%
Debt to equity ratio
US$484.31m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$45.80m |
| Equity | US$209.77m |
| Total liabilities | US$507.97m |
| Total assets | US$717.74m |
Recent financial health updates
No updates
Recent updates
BRT Apartments: A Turnaround Opportunity Is On The Horizon
Oct 11BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression
Aug 11BRT Apartments: High Yield Play With Some Concerns
May 07BRT Apartments: A Lower Price Would Seal The Deal
Dec 28BRT Apartments: Stock Is 30% Cheaper While Fundamentals Remain Solid
Oct 12BRT Apartments: Pause For Debt Resolution
Jul 28BRT Apartments declares $0.25 dividend
Dec 06Time To Consider Buying Real Estate With BRT Apartments
Nov 16BRT Apartments Q3 2022 Earnings Preview
Nov 07BRT Apartments declares $0.25 dividend
Sep 14BRT Apartments JV sells multifamily property in South Carolina for $32.4M
Sep 01BRT Apartments: Growing Revenues, Dividends, And Debt
Aug 16BRT Apartments Is Overlooked By The Market
May 25Financial Position Analysis
Short Term Liabilities: BRT's short term assets ($45.8M) exceed its short term liabilities ($21.5M).
Long Term Liabilities: BRT's short term assets ($45.8M) do not cover its long term liabilities ($486.5M).
Debt to Equity History and Analysis
Debt Level: BRT's net debt to equity ratio (209%) is considered high.
Reducing Debt: BRT's debt to equity ratio has reduced from 321.8% to 230.9% over the past 5 years.
Debt Coverage: BRT's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: BRT's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:01 |
| End of Day Share Price | 2024/12/20 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
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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
BRT Apartments Corp. is covered by 13 analysts. 4 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 |
|---|---|
| David Chiaverini | BMO Capital Markets U.S. (Historical) |
| Craig Kucera | B. Riley Securities, Inc. |
| John Massocca | B. Riley Securities, Inc. |