Four Corners Property Trust Balance Sheet Health
Financial Health criteria checks 1/6
Four Corners Property Trust has a total shareholder equity of $1.3B and total debt of $1.2B, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are $2.5B and $1.2B respectively. Four Corners Property Trust's EBIT is $145.4M making its interest coverage ratio 3. It has cash and short-term investments of $41.5M.
Key information
91.9%
Debt to equity ratio
US$1.16b
Debt
Interest coverage ratio | 3x |
Cash | US$41.46m |
Equity | US$1.26b |
Total liabilities | US$1.22b |
Total assets | US$2.49b |
Recent financial health updates
No updates
Recent updates
Four Corners Property Trust Delivered Solid Results And Continues Robust Investment Activity
Oct 03Four Corners Property Trust: Staying Bullish On This High Yielding Retail-Centric REIT
Jul 30Four Corners Property Trust Continues To Diversify With Lower Investment Volume
Jul 21Four Corners Property Trust: Its Peers Have Better Value Proposition
May 30Four Corners Property Trust: A Fortress Balance Sheet With Ample Growth Prospects
Apr 17Four Corners Property Trust: A Sleeper REIT You Should Add To Your Watchlist
Jan 19Four Corners: Upgrade To Buy On Sector Diversification And Improved Tenant Quality (Ratings Upgrade)
Nov 08Four Corners: A Look At This 5.6% Yielding REIT
Sep 08The Dividend Of Four Corners Property Trust Remains Attractive
Jul 04Four Corners Property Trust FFO of $0.41 in-line, revenue of $57.36M beats by $0.15M
Feb 15Here's Why We Think Four Corners Property Trust (NYSE:FCPT) Might Deserve Your Attention Today
Feb 15Four Corners Property Trust disposes a red lobster property for $4.7M
Jan 18Financial Position Analysis
Short Term Liabilities: FCPT's short term assets ($113.4M) exceed its short term liabilities ($45.5M).
Long Term Liabilities: FCPT's short term assets ($113.4M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: FCPT's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: FCPT's debt to equity ratio has increased from 91.1% to 91.9% over the past 5 years.
Debt Coverage: FCPT's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: FCPT's interest payments on its debt are not well covered by EBIT (3x coverage).