Alpine Income Property Trust Balance Sheet Health
Financial Health criteria checks 1/6
Alpine Income Property Trust has a total shareholder equity of $272.0M and total debt of $279.4M, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are $579.0M and $307.0M respectively. Alpine Income Property Trust's EBIT is $10.3M making its interest coverage ratio 0.9. It has cash and short-term investments of $8.8M.
Key information
102.7%
Debt to equity ratio
US$279.40m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$8.84m |
| Equity | US$271.95m |
| Total liabilities | US$307.03m |
| Total assets | US$578.99m |
Recent financial health updates
No updates
Recent updates
Alpine Income Property: Improved Portfolio Quality Results In Growth Potential
Nov 27Undervalued High Yield: Buying 6.5% Quality Income With Alpine Income Property
Oct 15Alpine Income Property: Long-Term Momentum Likely
Aug 16Alpine Income Property: Double Digit Upside But Tenant Portfolio Could Be Improved (Downgrade)
Jun 21Neutral View On Alpine Income Property Trust As There Are Better Alternatives
Jun 10Alpine Income Property Trust: This REIT Looks Buyable
Apr 02Alpine Income Property Trust: Downgraded To Market Perform
Mar 16Alpine Income Property: Earnings Came Mostly In Line While Valuation Remains Cheap
Feb 14Alpine Income Property Trust: I'd Rather Own It Through CTO
Nov 24Alpine Income Property: Still A Long-Term Buy, Despite Current Headwinds
Nov 03Alpine Income Property: Talk About Best-In-Class
Oct 03Alpine Income Property Trust: Get An Undervalued Quality REIT With A 6.3% Yield
Sep 01Alpine Income Property: Buying The Dip On This REIT
Aug 16Alpine Income Property: Wake Up And Smell The Fresh 7% Yield
Jun 16Alpine Income Property Trust declares $0.275 dividend
Feb 22Alpine Income Property Trust: Take A Pass On This Externally Managed REIT
Feb 12Alpine Income Property: Overvalued After Accounting For Risk Exposure
Feb 01Alpine Income Property: Consider Climbing The 5.7% Yield In 2023
Jan 02Alpine Income Property Trust: Recent Earnings Reveal Double-Digit Upside Potential
Nov 01Alpine Income Property Trust FFO of $0.40 beats by $0.02, revenue of $11.53M beats by $1.01M
Oct 20Alpine Income Property Trust expands $350M credit facility
Oct 03Spirit Realty Vs. Alpine Income: Battle Of 2 High Yield Net Lease REITs
Aug 22Alpine Income Property Trust Q2 2022 Earnings Preview
Jul 20Alpine Income Property Trust: Assessment Unchanged
Jul 07Financial Position Analysis
Short Term Liabilities: PINE's short term assets ($128.9M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: PINE's short term assets ($128.9M) do not cover its long term liabilities ($301.6M).
Debt to Equity History and Analysis
Debt Level: PINE's net debt to equity ratio (99.5%) is considered high.
Reducing Debt: PINE's debt to equity ratio has increased from 0% to 102.7% over the past 5 years.
Debt Coverage: PINE's debt is not well covered by operating cash flow (10%).
Interest Coverage: PINE's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:36 |
| End of Day Share Price | 2024/12/30 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
Alpine Income Property Trust, Inc. is covered by 14 analysts. 8 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 |
|---|---|
| Gaurav Mehta | Alliance Global Partners |
| Wesley Golladay | Baird |
| Craig Kucera | B. Riley Securities, Inc. |