Rexford Industrial Realty Balance Sheet Health
Financial Health criteria checks 2/6
Rexford Industrial Realty has a total shareholder equity of $8.4B and total debt of $3.3B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are $12.4B and $4.0B respectively. Rexford Industrial Realty's EBIT is $305.8M making its interest coverage ratio 4.9. It has cash and short-term investments of $353.7M.
Key information
39.8%
Debt to equity ratio
US$3.35b
Debt
Interest coverage ratio | 4.9x |
Cash | US$353.70m |
Equity | US$8.42b |
Total liabilities | US$3.97b |
Total assets | US$12.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REXR.PRB's short term assets ($633.2M) do not cover its short term liabilities ($705.3M).
Long Term Liabilities: REXR.PRB's short term assets ($633.2M) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: REXR.PRB's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: REXR.PRB's debt to equity ratio has increased from 35.6% to 39.8% over the past 5 years.
Debt Coverage: REXR.PRB's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: REXR.PRB's interest payments on its debt are well covered by EBIT (4.9x coverage).