NNN REIT Balance Sheet Health
Financial Health criteria checks 2/6
NNN REIT has a total shareholder equity of $4.2B and total debt of $4.4B, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are $8.7B and $4.5B respectively. NNN REIT's EBIT is $517.1M making its interest coverage ratio 3.2. It has cash and short-term investments of $1.2M.
Key information
104.9%
Debt to equity ratio
US$4.36b
Debt
Interest coverage ratio | 3.2x |
Cash | US$1.19m |
Equity | US$4.16b |
Total liabilities | US$4.50b |
Total assets | US$8.66b |
Recent financial health updates
No updates
Recent updates
NNN 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 30Buy 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 02National Retail Properties raises dividend by 3.8% to $0.55
Jul 15National Retail Properties: Durable Portfolio And Dividend Growth
Jun 30Fight Inflation: Forget National Retail Properties, Buy W.P. Carey Instead
Jun 11National Retail Properties: Be Greedy When Others Are Fearful
May 09National Retail Properties: A Real Estate Staple
Mar 30National Retail Properties: Now 5% Yield, Why It's Time To Buy
Feb 10National Retail Is A Solid Company And Freshly Cheap
Jan 28National Retail Properties: Time To Bargain Shop
Dec 28National Retail Properties: Too Dependable To Doubt And Too Cheap To Ignore
Dec 21National Retail Properties: A Dividend Aristocrat REIT Worth Investing In
Nov 30National Retail Properties: A Dividend Aristocrat To Help You Sleep At Night
Sep 24Financial Position Analysis
Short Term Liabilities: NNN's short term assets ($51.0M) exceed its short term liabilities ($34.4M).
Long Term Liabilities: NNN's short term assets ($51.0M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: NNN's net debt to equity ratio (104.9%) is considered high.
Reducing Debt: NNN's debt to equity ratio has increased from 68.6% to 104.9% over the past 5 years.
Debt Coverage: NNN's debt is not well covered by operating cash flow (14%).
Interest Coverage: NNN's interest payments on its debt are well covered by EBIT (3.2x coverage).