Net Lease Office Properties Balance Sheet Health
Financial Health criteria checks 4/6
Net Lease Office Properties has a total shareholder equity of $626.1M and total debt of $239.4M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are $919.9M and $293.8M respectively. Net Lease Office Properties's EBIT is $41.3M making its interest coverage ratio 0.5. It has cash and short-term investments of $36.1M.
Key information
38.2%
Debt to equity ratio
US$239.41m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$36.11m |
| Equity | US$626.10m |
| Total liabilities | US$293.81m |
| Total assets | US$919.92m |
Recent financial health updates
No updates
Recent updates
Net Lease Office Properties: Potential To Revalue To Book Value
Dec 18Net Lease Office Properties: Valuation Remains Attractive After Recent Rally
Nov 27Net Lease Office Properties: Top Value For Office Investors
Sep 12Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run
Aug 29Net Lease Office Properties: Debt Reduction Strategy Appears To Be Working, But Still A Sell
Jun 12Net Lease Office Properties: This Office REIT Is A Steal
May 18Net Lease Office Properties - Special Situation
May 09Net Lease Office Properties: Liquidation Analysis
Apr 04Net Lease Office Properties: Too Cheap To Ignore
Mar 19Alluvial Capital - Net Lease Office Properties: Significant Upside Potential Well Worth The Volatility
Feb 08Net Lease Office Properties: A Crucial Milestone For This REIT
Jan 17Net Lease Office Properties: The Ultimate Turnaround Spin-Off
Nov 16Financial Position Analysis
Short Term Liabilities: NLOP's short term assets ($85.5M) exceed its short term liabilities ($44.1M).
Long Term Liabilities: NLOP's short term assets ($85.5M) do not cover its long term liabilities ($249.7M).
Debt to Equity History and Analysis
Debt Level: NLOP's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NLOP's debt to equity ratio has reduced 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 NLOP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NLOP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Net Lease Office Properties is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hamed Khorsand | BWS Financial Inc. |