BRT Apartments Balance Sheet Health
Financial Health criteria checks 1/6
BRT Apartments has a total shareholder equity of $228.4M and total debt of $459.6M, which brings its debt-to-equity ratio to 201.2%. Its total assets and total liabilities are $710.0M and $481.5M respectively. BRT Apartments's EBIT is $10.8M making its interest coverage ratio 0.5. It has cash and short-term investments of $23.5M.
Key information
201.2%
Debt to equity ratio
US$459.57m
Debt
Interest coverage ratio | 0.5x |
Cash | US$23.51m |
Equity | US$228.45m |
Total liabilities | US$481.52m |
Total assets | US$709.96m |
Recent financial health updates
No updates
Recent updates
BRT 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 25BRT Apartments: The 6th Best REIT Investment Of The Last 5 Years
Apr 16BRT Apartments: Growth Supported By Internal And External Factors
Jan 19Financial Position Analysis
Short Term Liabilities: BRT's short term assets ($24.1M) exceed its short term liabilities ($23.8M).
Long Term Liabilities: BRT's short term assets ($24.1M) do not cover its long term liabilities ($457.8M).
Debt to Equity History and Analysis
Debt Level: BRT's net debt to equity ratio (190.9%) is considered high.
Reducing Debt: BRT's debt to equity ratio has increased from 85.9% to 201.2% over the past 5 years.
Debt Coverage: BRT's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: BRT's interest payments on its debt are not well covered by EBIT (0.5x coverage).