Global Net Lease Balance Sheet Health
Financial Health criteria checks 2/6
Global Net Lease has a total shareholder equity of $2.6B and total debt of $5.2B, which brings its debt-to-equity ratio to 195.1%. Its total assets and total liabilities are $8.1B and $5.5B respectively. Global Net Lease's EBIT is $84.7M making its interest coverage ratio 0.5. It has cash and short-term investments of $130.7M.
Key information
195.1%
Debt to equity ratio
US$5.15b
Debt
Interest coverage ratio | 0.5x |
Cash | US$130.72m |
Equity | US$2.64b |
Total liabilities | US$5.46b |
Total assets | US$8.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNL.PRA's short term assets ($382.5M) do not cover its short term liabilities ($524.8M).
Long Term Liabilities: GNL.PRA's short term assets ($382.5M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: GNL.PRA's net debt to equity ratio (190.2%) is considered high.
Reducing Debt: GNL.PRA's debt to equity ratio has increased from 124.3% to 195.1% 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 GNL.PRA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GNL.PRA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2% per year.