Safehold Balance Sheet Health
Financial Health criteria checks 2/6
Safehold has a total shareholder equity of $2.3B and total debt of $4.1B, which brings its debt-to-equity ratio to 176.6%. Its total assets and total liabilities are $6.5B and $4.3B respectively. Safehold's EBIT is $277.8M making its interest coverage ratio 1.5. It has cash and short-term investments of $18.8M.
Key information
176.6%
Debt to equity ratio
US$4.05b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$18.76m |
| Equity | US$2.30b |
| Total liabilities | US$4.25b |
| Total assets | US$6.55b |
Recent financial health updates
No updates
Recent updates
After Q4 Results And Share Price Drop, Safehold Is Still A Buy
Feb 14Safehold: All Eyes On Yields
Jan 23Safehold: Greatly Positioned For An Outperformance (Rating Upgrade)
Dec 12Take A Bite Of Star Holdings If You Are Bullish On Safehold
Nov 15Safehold: A Billionaire's Bet On Ground Leases
Nov 07Safehold Is About To Be Clobbered By Interest Rates
Oct 11Safehold: Playing The Duration Risk Via A REIT Vehicle
Sep 26Safehold The RINO: Defaults And Valuation
Sep 18Safehold: Simply Irreplaceable
Aug 20Safehold: An "All-In" Bet On Lower Rates
Aug 03Safehold: Undervalued Play On Ground Leases
Jul 28Safehold: Long Duration REIT With High Interest Rate Sensitivity
Jul 12Safe With Safehold - Could Buy More For 2024 And Beyond
Jun 04Financial Position Analysis
Short Term Liabilities: SAFE's short term assets ($5.2B) exceed its short term liabilities ($125.0M).
Long Term Liabilities: SAFE's short term assets ($5.2B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: SAFE's net debt to equity ratio (175.8%) is considered high.
Reducing Debt: SAFE's debt to equity ratio has increased from 155% to 176.6% over the past 5 years.
Debt Coverage: SAFE's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: SAFE's interest payments on its debt are not well covered by EBIT (1.5x coverage).