Empire State Realty Trust Balance Sheet Health
Financial Health criteria checks 1/6
Empire State Realty Trust has a total shareholder equity of $1.8B and total debt of $2.5B, which brings its debt-to-equity ratio to 139.9%. Its total assets and total liabilities are $4.4B and $2.7B respectively. Empire State Realty Trust's EBIT is $156.5M making its interest coverage ratio 1.8. It has cash and short-term investments of $421.9M.
Key information
139.9%
Debt to equity ratio
US$2.46b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$421.90m |
| Equity | US$1.76b |
| Total liabilities | US$2.68b |
| Total assets | US$4.44b |
Recent financial health updates
Recent updates
Empire State Realty Trust: Expensive Valuation, Wait For A Better Entry Point
Sep 10Shareholders May Not Be So Generous With Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO Compensation And Here's Why
May 03
Empire State Realty Trust: A Bet On The Mean Reversion
Mar 05Empire State Realty: Occupancy Gains, 2024 Fed Pivot, And Possible Dividend Hike
Dec 15Empire State Realty: Fairly Valued Following YTD Outperformance
Sep 25Office REIT Empire State Realty Trust Is A Way To Sell Short New York City
Jun 29Empire State Realty: Outlook Positive Despite Haze Over The Observatory
Jun 08Analysts Just Made A Sizeable Upgrade To Their Empire State Realty Trust, Inc. (NYSE:ESRT) Forecasts
Apr 30Empire State Realty Trust FFO of $0.22 beats by $0.04, revenue of $181.27M beats by $43.5M
Feb 15Empire State Realty: Better To Observe From The Sidelines
Jan 11Empire State Realty Trust declares $0.035 dividend
Dec 09Empire State Realty Trust FFO of $0.21 beats by $0.02, revenue of $183.71M beats by $34.65M
Oct 26Empire State Realty Trust: Mispriced In Relation To Visitation Trends
Sep 26Empire State Realty Trust declares $0.035 dividend
Aug 16Rainbows and Unicorns: Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Became A Lot More Optimistic
Aug 03Empire State Realty Trust FFO of $0.29 beats by $0.10, revenue of $198.02M beats by $42.95M
Jul 27Empire State Realty Trust upgraded to Market Perform at BMO on tourist rebound
Jul 14Empire State Realty: Adverse Circumstances For Office And Retail Focused REIT
Jun 29Broker Revenue Forecasts For Empire State Realty Trust, Inc. (NYSE:ESRT) Are Surging Higher
May 06Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Trimmed Their Revenue Forecasts By 10%
Feb 20Empire State: A Quality Play On New York
Jan 05Financial Position Analysis
Short Term Liabilities: ESRT's short term assets ($993.2M) exceed its short term liabilities ($83.2M).
Long Term Liabilities: ESRT's short term assets ($993.2M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ESRT's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: ESRT's debt to equity ratio has increased from 87.5% to 139.9% over the past 5 years.
Debt Coverage: ESRT's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: ESRT's interest payments on its debt are not well covered by EBIT (1.8x coverage).