Clipper Realty Balance Sheet Health
Financial Health criteria checks 3/6
Clipper Realty has a total shareholder equity of $7.2M and total debt of $1.2B, which brings its debt-to-equity ratio to 16663.8%. Its total assets and total liabilities are $1.2B and $1.2B respectively. Clipper Realty's EBIT is $33.5M making its interest coverage ratio 0.7. It has cash and short-term investments of $22.2M.
Key information
16,663.8%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$22.16m |
| Equity | US$7.24m |
| Total liabilities | US$1.24b |
| Total assets | US$1.25b |
Recent financial health updates
No updates
Recent updates
Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?
Dec 19The 7.2% Dividend Of Clipper Realty Comes With High Risk
Sep 28Clipper Realty: Local Expertise In NY Market Is Overshadowed By Higher Debt Load
Jan 25Rhizome Partners - Clipper Realty: Poised For Dramatic Revenue Increases
Aug 24Clipper Realty goes ex-dividend tomorrow
Aug 17Clipper Realty: Bargain Price NYC Real Estate
Aug 08Clipper Realty: Attractive New York Multi-Family REIT At A 4.58% Yield
Jul 23Clipper Realty: The Upside
Apr 25Clipper Realty: Trading At 30-70% Of NAV, Yields 4% And Insiders Own 40%
Mar 08Why I Continue To Be Long In Clipper Realty
Dec 05Clipper Realty Could Double Your Money
Aug 22It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year
Jun 11
Clipper Realty: This NYC Landlord Is A Speculative Buy, Here's Why
May 29Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?
Mar 18Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares
Jan 25Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?
Dec 21
Clipper Realty: A Decent REIT
Dec 11Clipper Realty: Large Debt Makes This NYC Stock One To Avoid
Dec 09Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?
Nov 24Financial Position Analysis
Short Term Liabilities: CLPR's short term assets ($54.6M) exceed its short term liabilities ($21.0M).
Long Term Liabilities: CLPR's short term assets ($54.6M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CLPR's net debt to equity ratio (16357.4%) is considered high.
Reducing Debt: CLPR's debt to equity ratio has increased from 565.7% to 16663.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CLPR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLPR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.5% per year.