Net Lease Office Properties Balance Sheet Health
Financial Health criteria checks 3/6
Net Lease Office Properties has a total shareholder equity of $681.4M and total debt of $542.0M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are $1.3B and $623.7M respectively. Net Lease Office Properties's EBIT is $48.5M making its interest coverage ratio 1.1. It has cash and short-term investments of $16.3M.
Key information
79.5%
Debt to equity ratio
US$541.98m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$16.27m |
| Equity | US$681.43m |
| Total liabilities | US$623.66m |
| Total assets | US$1.31b |
Recent financial health updates
No updates
Recent updates
Net 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 ($129.9M) exceed its short term liabilities ($94.4M).
Long Term Liabilities: NLOP's short term assets ($129.9M) do not cover its long term liabilities ($529.3M).
Debt to Equity History and Analysis
Debt Level: NLOP's net debt to equity ratio (77.1%) is considered high.
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, due to free cash flow being positive and growing by 2.8% per year.