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 11

BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression

Aug 11

Financial 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).

BRT Apartments Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Recent updates

Executive Vice President recently sold US$527k worth of stock

Executive Vice President notifies of intention to sell stock

Price target decreased by 16% to US$21.67

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

BRT Apartments Corp. to Report Q3, 2024 Results on Nov 07, 2024

Now 21% undervalued after recent price drop

BRT Apartments: A Turnaround Opportunity Is On The Horizon

Now 20% undervalued

Second quarter dividend of US$0.25 announced

Now 21% undervalued

Price target increased by 22% to US$25.83

BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued

VP & CFO recently sold US$242k worth of stock

VP & CFO notifies of intention to sell stock

Upcoming dividend of US$0.25 per share

First quarter dividend of US$0.25 announced

Now 20% undervalued

Consensus EPS estimates fall by 23%

Chief Operating Officer recently sold US$110k worth of stock

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued

BRT Apartments: High Yield Play With Some Concerns

BRT Apartments Corp. to Report Q1, 2024 Results on May 09, 2024

BRT Apartments Corp., Annual General Meeting, Jun 11, 2024

Consensus EPS estimates upgraded to US$0.51 loss, revenue downgraded

Upcoming dividend of US$0.25 per share

BRT Apartments Corp. has filed a Follow-on Equity Offering in the amount of $10.913 million.

Fourth quarter dividend of US$0.25 announced

BRT Apartments Corp. has filed a Follow-on Equity Offering in the amount of $10.913 million.

Price target decreased by 8.0% to US$23.00

BRT Apartments Corp. Announces Quarterly Dividend, Payable on April 4, 2024

BRT Apartments Corp. to Report Q4, 2023 Results on Mar 12, 2024

Chief Operating Officer notifies of intention to sell stock

Now 22% undervalued

BRT Apartments: A Lower Price Would Seal The Deal

Upcoming dividend of US$0.25 per share at 5.4% yield

VP & CFO notifies of intention to sell stock

Now 21% undervalued

BRT Apartments Corp. Announces Quarterly Dividend, Payable January 5, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

BRT Apartments Corp. to Report Q3, 2023 Results on Nov 06, 2023

BRT Apartments: Stock Is 30% Cheaper While Fundamentals Remain Solid

BRT Apartments Corp. Declares Dividend for Third Quarter 2023, Payable on October 11, 2023

Consensus EPS estimates increase by 11%

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS misses analyst expectations

BRT Apartments: Pause For Debt Resolution

BRT Apartments Corp. to Report Q2, 2023 Results on Aug 07, 2023

Consensus EPS estimates increase by 20%

BRT Apartments Corp. Provides Earnings Guidance for Full Year 2023

First quarter 2023 earnings: EPS exceeds analyst expectations

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus EPS estimates increase from loss to US$0.16 profit, revenue downgraded

Now 22% undervalued after recent price drop

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

VP & Treasurer recently sold US$63k worth of stock

Upcoming dividend of US$0.25 per share

BRT Apartments Corp. Declares Quarterly Dividend, Payable January 5, 2023

BRT Apartments declares $0.25 dividend

Consensus forecasts updated

Insufficient new directors

Time To Consider Buying Real Estate With BRT Apartments

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

BRT Apartments Q3 2022 Earnings Preview

BRT Apartments Corp. to Report Q3, 2022 Results on Nov 07, 2022

Upcoming dividend of US$0.25 per share

BRT Apartments Corp. Declares Quarterly Dividend, Payable October 7, 2022

BRT Apartments declares $0.25 dividend

An unknown buyer completed the acquisition of Waters Edge from BRT Apartments Corp. (NYSE:BRT) and others.

BRT Apartments JV sells multifamily property in South Carolina for $32.4M

BRT Apartments: Growing Revenues, Dividends, And Debt

Consensus forecasts updated