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
Rexford Industrial Q4: Why I Opened A Position In This Top Performing REIT (Rating Upgrade)
Apr 01Rexford Industrial: Fundamental Threats Are Popping Up
Mar 19Rexford Industrial: Buy High-Quality Industrial Assets In Southern California
Feb 28Rexford Industrial: Finally A Great Time To Buy (Rating Upgrade)
Feb 16Rexford Industrial: Why This Is A High-Quality REIT You Should Consider Buying
Jan 26Rexford Industrial: My Favorite High-Growth REIT
Jan 19Rexford Industrial: No Longer Undervalued After Powerful Rally Off The Lows
Jan 02Rexford Industrial: The Rally Is Just Getting Started
Dec 15Rexford Industrial: Focus On Growth Rather Than Growth Per Share
Dec 01Rexford Industrial: On The Way To Restoring Positive Investment Spread
Nov 08Rexford Industrial: Going Back To Cali
Oct 24Rexford Industrial: Getting Your 7% And 17% Fix
Oct 13Rexford Industrial: A Well-Positioned, But Premium Priced, SoCal REIT
Sep 05Rexford Industrial Realty: One Of The Best Industrial REITs On The Market
Aug 12Rexford Industrial: My Oh My, Another Strong Buy
Jul 18What Happened To Rexford?
Jul 07Rexford Industrial: Pay Silly Multiples, Win Silly Returns
Jun 12Rexford Industrial Realty: Leaning Bullish On This Industrial REIT
Feb 20Rexford Industrial Realty GAAP EPS of $0.22, revenue of $178.59M
Feb 08Here's Why Rexford Industrial Realty (NYSE:REXR) Has Caught The Eye Of Investors
Jan 09
Rexford Industrial Realty: Embedded Growth In A Supply-Constrained Market
Dec 23Rexford Industrial announces stock offering of 11.5M shares
Nov 10Rexford Industrial Realty Q3 Earnings Preview
Oct 19Rexford Industrial Realty goes ex-dividend tomorrow
Sep 28Here's Why Rexford Industrial Realty (NYSE:REXR) Has Caught The Eye Of Investors
Sep 12Financial Position Analysis
Short Term Liabilities: REXR's short term assets ($633.2M) do not cover its short term liabilities ($705.3M).
Long Term Liabilities: REXR's short term assets ($633.2M) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: REXR's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: REXR's debt to equity ratio has increased from 35.6% to 39.8% over the past 5 years.
Debt Coverage: REXR's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: REXR's interest payments on its debt are well covered by EBIT (4.9x coverage).