Piedmont Office Realty Trust Balance Sheet Health
Financial Health criteria checks 0/6
Piedmont Office Realty Trust has a total shareholder equity of $1.7B and total debt of $2.1B, which brings its debt-to-equity ratio to 119.2%. Its total assets and total liabilities are $4.1B and $2.3B respectively. Piedmont Office Realty Trust's EBIT is $77.3M making its interest coverage ratio 0.8. It has cash and short-term investments of $3.9M.
Key information
119.2%
Debt to equity ratio
US$2.05b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$3.86m |
| Equity | US$1.72b |
| Total liabilities | US$2.33b |
| Total assets | US$4.06b |
Recent financial health updates
No updates
Recent updates
Piedmont Office Realty Trust: Attractive Valuation But Risks Remain
Apr 19Piedmont Office: Steep Discount To Book And A Covered 7% Dividend Yield
Jan 22Piedmont Office: Most Risks Addressed Following Renewal Of Largest Tenant
Nov 05Piedmont Office: Calamitous Drops Don't Scare Us Out Of The Game
Oct 03Piedmont Office: Dividend News Distracts From Material Upside Potential In Share Price
Jul 30Piedmont Office Realty Trust: Really Cheap With An 11% Yield
Jul 11Piedmont: I'm Collecting A 9% Yield While Waiting For Shares To Recover
Feb 25Piedmont Office Realty Trust Q4 results mixed, co gives in-line FY 2023 FFO guidance
Feb 08Piedmont Office declares $0.21 dividend
Feb 01Piedmont Office Realty: My Top 2023 Stock Pick
Dec 22Piedmont Office Realty Trust: The Atlanta Market Will Carry It Forward
Nov 16Piedmont Office GAAP EPS of $0.03 misses by $0.03
Nov 02Piedmont Office Realty Trust's 8.7% Dividend Yield Looks Peachy
Oct 23Piedmont Office Realty Trust: A 6.5% Yielding Sunbelt REIT Due For A Rebound
Aug 23Piedmont Office Realty Trust: Continued Mediocrity
Mar 25Piedmont Office Realty Trust: Still Cheap And Still For A Reason
Dec 13Piedmont Office Realty Trust: Opinion Unchanged
Aug 31Financial Position Analysis
Short Term Liabilities: PDM's short term assets ($199.0M) do not cover its short term liabilities ($524.7M).
Long Term Liabilities: PDM's short term assets ($199.0M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PDM's net debt to equity ratio (119%) is considered high.
Reducing Debt: PDM's debt to equity ratio has increased from 98.5% to 119.2% over the past 5 years.
Debt Coverage: PDM's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: PDM's interest payments on its debt are not well covered by EBIT (0.8x coverage).