NNN REIT Balance Sheet Health
Financial Health criteria checks 2/6
NNN REIT has a total shareholder equity of $4.4B and total debt of $4.4B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are $8.9B and $4.6B respectively. NNN REIT's EBIT is $544.8M making its interest coverage ratio 3.1. It has cash and short-term investments of $173.5M.
Key information
100.1%
Debt to equity ratio
US$4.37b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$173.53m |
| Equity | US$4.37b |
| Total liabilities | US$4.55b |
| Total assets | US$8.92b |
Recent financial health updates
No updates
Recent updates
NNN REIT: Portfolio Starting To Show Cracks?
Nov 20What Has Just Happened To NNN REIT? I'm In
Nov 01NNN REIT: Collect A 5% Yield From This REIT Powerhouse
Oct 10Why NNN REIT Remains A Top Income Pick
Sep 29NNN Is Breaking Out In Anticipation Of The Rate Cut Cycle
Sep 04Seeking Stability? NNN REIT Will Do The Job, But I Have One Concern
Aug 28NNN REIT: Diverse REIT With Well-Supported Dividend
Aug 05NNN REIT: Here's What To Expect From Upcoming Earnings Release
Jul 27NNN REIT: High And Stable Income At A Low Price
Jul 02National Retail Properties: 5.4% Yield, Upcoming Dividend Hike And Cheap
Jun 26NNN REIT: Still A Great Buy For Value And Income
Jun 04NNN REIT: A High-Quality REIT To Buy Now On Sale
Apr 28NNN REIT: A Good Income Producer At A Slight Discount
Apr 04NNN REIT: This Net Lease REIT Continues To Dominate The Sector
Mar 23NNN REIT: A Better Source Of Income Than Money Markets
Feb 20NNN REIT Q4: A Wonderful REIT At A Great Price
Feb 12NNN REIT: A Rare Dividend/Value Pick
Jan 19NNN REIT: A Dividend Aristocrat Worth Buying
Dec 18NNN REIT: This Net Lease King Pays You A Juicy 5.3% Yield
Dec 08Forget Bonds, NNN's 6% Yield Is A Great Deal
Nov 14Better High Yield SWAN: Realty Income Or NNN REIT
Oct 126% Yielding NNN Hasn't Been This Cheap Since The Great Financial Crisis
Sep 11NNN: My First 'Buy' In The REIT, Here's Why
Aug 29Realty Income Vs. NNN REIT: What's The Best REIT To Buy Today?
Aug 08NNN REIT: The 5% Yielding Champion For Dividend Investors
Jul 17NNN REIT: Buy Before The Fed Hits The 'Permanent' Pause Button
Jul 08Why Every Dividend Portfolio Needs A Tim Duncan Stock Like NNN REIT
Jun 12National Retail Properties: A Dividend You Can Count On
Feb 22National Retail Properties Q4 2022 Earnings Preview
Feb 08National Retail Properties declares $0.55 dividend
Jan 13Better High Yield Triple-Net Buy: National Retail Properties Or W. P. Carey
Dec 24Our Models Suggest National Retail Properties Could Surge
Dec 14If EPS Growth Is Important To You, National Retail Properties (NYSE:NNN) Presents An Opportunity
Nov 30
Buy National Retail Properties And Sleep Well At Night
Nov 09National Retail Properties FFO of $0.79 beats by $0.01, revenue of $193.47M beats by $1.46M, raises FY22 FFO outlook
Nov 02National Retail Properties: Trades At A Discount, Yields 5.67%, And Has Provided 33 Consecutive Dividend Increases
Oct 10National Retail Properties: 33 Years In A Row Of Dividend Love
Oct 04National Retail Properties: Stack This 5% Yield Onto Your Dividend Portfolio
Sep 02Better Buy: National Retail Properties' 4.5% Yield Or Realty Income's 3.9%
Aug 02Financial Position Analysis
Short Term Liabilities: NNN's short term assets ($220.7M) exceed its short term liabilities ($75.4M).
Long Term Liabilities: NNN's short term assets ($220.7M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: NNN's net debt to equity ratio (96.1%) is considered high.
Reducing Debt: NNN's debt to equity ratio has increased from 61.7% to 100.1% over the past 5 years.
Debt Coverage: NNN's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: NNN's interest payments on its debt are well covered by EBIT (3.1x coverage).